According to Rheinmetall 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 239.988. At the end of 2021 the company had a P/E ratio of 12.3.
Year | P/E ratio | Change |
---|---|---|
2021 | 12.3 | -108.62% |
2020 | -143 | -1187.5% |
2019 | 13.2 | 16.27% |
2018 | 11.3 | -43.9% |
2017 | 20.2 | 48.86% |
2016 | 13.6 | -14.29% |
2015 | 15.8 | -79.58% |
2014 | 77.5 | 30.38% |
2013 | 59.4 | 622.17% |
2012 | 8.23 | 33.32% |
2011 | 6.17 | -53.42% |
2010 | 13.3 | -150.1% |
2009 | -26.5 |
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.