According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.05413. At the end of 2023 the company had a P/E ratio of 9.80.
Year | P/E ratio | Change |
---|---|---|
2023 | 9.80 | 81.75% |
2022 | 5.39 | -62.4% |
2021 | 14.3 | -20.78% |
2020 | 18.1 | 19.31% |
2019 | 15.2 | 43% |
2018 | 10.6 | 11.72% |
2017 | 9.49 | -15.73% |
2016 | 11.3 | -6.39% |
2015 | 12.0 | -16.35% |
2014 | 14.4 | 16.08% |
2013 | 12.4 | 42.49% |
2012 | 8.70 | -0.03% |
2011 | 8.70 | -16.5% |
2010 | 10.4 | -2.77% |
2009 | 10.7 | 27.73% |
2008 | 8.39 | -57.92% |
2007 | 19.9 | 15.77% |
2006 | 17.2 | 38.78% |
2005 | 12.4 | 27.11% |
2004 | 9.76 | 6.42% |
2003 | 9.18 | -37.61% |
2002 | 14.7 | 13.72% |
2001 | 12.9 |
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.