Ryman Healthcare
RYM.NZ
#4278
Rank
ยฃ1.52 B
Marketcap
ยฃ2.21
Share price
-0.21%
Change (1 day)
-29.78%
Change (1 year)
Ryman Healthcare Limited is a company from New Zealand that operates retirement homes and clinics.

P/E ratio for Ryman Healthcare (RYM.NZ)

P/E ratio at the end of 2023: 10.8

According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.27425. At the end of 2023 the company had a P/E ratio of 10.8.

P/E ratio history for Ryman Healthcare from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202310.881.75%
20225.93-62.4%
202115.8-20.78%
202019.919.31%
201916.743%
201811.711.72%
201710.4-15.73%
201612.4-6.39%
201513.2-16.35%
201415.816.08%
201313.642.49%
20129.57-0.03%
20119.57-16.5%
201011.5-2.77%
200911.827.73%
20089.23-57.92%
200721.915.77%
200618.938.78%
200513.727.11%
200410.76.42%
200310.1-37.61%
200216.213.72%
200114.2

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.