The Rank Group
RNK.L
#6802
Rank
HK$3.98 B
Marketcap
HK$8.34
Share price
0.24%
Change (1 day)
15.95%
Change (1 year)

P/E ratio for The Rank Group (RNK.L)

P/E ratio at the end of 2024: 25.8

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3148.58. At the end of 2024 the company had a P/E ratio of 25.8.

P/E ratio history for The Rank Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202425.8-688.09%
2023-4.39-170.89%
20226.20-166.15%
2021-9.37-115.03%
202062.3183.17%
201922.010.84%
201819.938.76%
201714.336.45%
201610.515.26%
20159.10-63.32%
201424.836.09%
201318.2733.67%
20122.19
20107.4813.62%
20096.58-114.34%
2008-45.9-5790.25%
20070.8067-88.51%
20067.02-213.64%
2005-6.18-90.42%
2004-64.4-600.43%
200312.931.71%
20029.78-37.34%
200115.6

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.