Renold
RNO.L
#8401
Rank
HK$1.06 B
Marketcap
HK$5.38
Share price
3.88%
Change (1 day)
91.45%
Change (1 year)

P/E ratio for Renold (RNO.L)

P/E ratio at the end of 2024: 4.64

According to Renold's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 660.063. At the end of 2024 the company had a P/E ratio of 4.64.

P/E ratio history for Renold from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20244.64-5.01%
20234.8913.48%
20224.31-63.41%
202111.81.34%
202011.634.26%
20198.65-132.22%
2018-26.8-196.82%
201727.7126.84%
201612.2-37.3%
201519.5-314.03%
2014-9.1082.98%
2013-4.98-147.08%
201210.6-114.71%
2011-71.92704.31%
2010-2.56-149.6%
20095.1710.06%
20084.69-194.55%
2007-4.97134.94%
2006-2.11-99.55%
2005-474-6044.79%
20047.97-40.02%
200313.3-282.75%
2002-7.27-197.53%
20017.45

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.