Ryman Healthcare
RYM.NZ
#4618
Rank
ยฃ1.38 B
Marketcap
ยฃ2.01
Share price
0.23%
Change (1 day)
-15.28%
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: 9.96

According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.0912. At the end of 2023 the company had a P/E ratio of 9.96.

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

PE ratio at the end of each year

Year P/E ratio Change
20239.9681.75%
20225.48-62.4%
202114.6-20.78%
202018.419.31%
201915.443%
201810.811.72%
20179.65-15.73%
201611.4-6.39%
201512.2-16.35%
201414.616.08%
201312.642.49%
20128.84-0.03%
20118.84-16.5%
201010.6-2.77%
200910.927.73%
20088.53-57.92%
200720.315.77%
200617.538.78%
200512.627.11%
20049.926.42%
20039.32-37.61%
200214.913.72%
200113.1

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.