Rieter Holding
RIEN.SW
#7095
Rank
HK$3.33 B
Marketcap
HK$742.90
Share price
0.46%
Change (1 day)
-2.84%
Change (1 year)

P/E ratio for Rieter Holding (RIEN.SW)

P/E ratio at the end of 2023: 5.02

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.86638. At the end of 2023 the company had a P/E ratio of 5.02.

P/E ratio history for Rieter Holding from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20235.02-87.21%
202239.256.39%
202125.1-640.29%
2020-4.64-137.03%
201912.5-35.92%
201819.6-77.4%
201786.5312.74%
201621.012.95%
201518.619.77%
201415.5-34.78%
201323.8-6.59%
201225.4917.44%
20112.50-94.08%
201042.2-1268.75%
2009-3.61182.14%
2008-1.28-114.3%
20078.95-46.19%
200616.631.02%
200512.737.41%
20049.24-11.96%
200310.5-5.02%
200211.1

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.