Laboratorios Farmaceuticos Rovi
ROVI.MC
#3402
Rank
HK$25.47 B
Marketcap
HK$498.05
Share price
0.74%
Change (1 day)
-1.16%
Change (1 year)

P/E ratio for Laboratorios Farmaceuticos Rovi (ROVI.MC)

P/E ratio as of December 2024 (TTM): 17.0

According to Laboratorios Farmaceuticos Rovi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9799. At the end of 2022 the company had a P/E ratio of 9.52.

P/E ratio history for Laboratorios Farmaceuticos Rovi from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.52-64.24%
202126.6-22.61%
202034.4-0.07%
201934.4-29.43%
201848.88.94%
201744.892.06%
201623.3-35.39%
201536.169.35%
201421.3-1.12%
201321.588.68%
201211.4-4.69%
201112.022.76%
20109.76

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.