P/E ratio for Rockhopper Exploration (RKH.L)
P/E ratio at the end of 2022: 1.42
According to Rockhopper Exploration's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 766.92. At the end of 2022 the company had a P/E ratio of 1.42.
P/E ratio history for Rockhopper Exploration from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.42 | -132.54% |
| 2021 | -4.36 | 3769.04% |
| 2020 | -0.1128 | -96.52% |
| 2019 | -3.24 | -78.26% |
| 2018 | -14.9 | -1.64% |
| 2017 | -15.2 | -1498.83% |
| 2016 | 1.08 | -83.94% |
| 2015 | 6.75 | -353.33% |
| 2014 | -2.66 | -45.05% |
| 2013 | -4.85 | -63.67% |
| 2012 | -13.3 | 176.23% |
| 2011 | -4.83 | -14.53% |
| 2010 | -5.65 | 175.59% |
| 2009 | -2.05 | -92.36% |
| 2008 | -26.9 | 129.87% |
| 2007 | -11.7 | 2.43% |
| 2006 | -11.4 |
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.