The Rank Group
RNK.L
#6730
Rank
HK$3.92 B
Marketcap
HK$8.28
Share price
0.24%
Change (1 day)
10.42%
Change (1 year)

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

P/E ratio at the end of 2024: 26.0

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3109.94. At the end of 2024 the company had a P/E ratio of 26.0.

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
202426.0-688.09%
2023-4.42-170.89%
20226.24-166.15%
2021-9.43-115.03%
202062.7183.17%
201922.210.84%
201820.038.76%
201714.436.45%
201610.615.26%
20159.16-63.32%
201425.036.09%
201318.3733.67%
20122.20
20107.5313.62%
20096.62-114.34%
2008-46.2-5790.25%
20070.8121-88.51%
20067.07-213.64%
2005-6.22-90.42%
2004-64.9-600.43%
200313.031.71%
20029.84-37.34%
200115.7

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.