Rand Merchant Investment
RMI.JO
#3820
Rank
ยฃ2.09 B
Marketcap
ยฃ1.34
Share price
0.00%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Rand Merchant Investment (RMI.JO)

P/E ratio at the end of 2021: 13.6

According to Rand Merchant Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8111. At the end of 2021 the company had a P/E ratio of 13.6.

P/E ratio history for Rand Merchant Investment from 2011 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202113.6-51.65%
202028.1164%
201910.6-6.98%
201811.4-11.87%
201713.0-24.37%
201617.129.35%
201513.335.71%
20149.77-1.07%
20139.8784.67%
20125.35-56.56%
201112.3

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.