P/E ratio for Rieter Holding (RIEN.SW)
P/E ratio at the end of 2024: 41.3
According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5344. At the end of 2024 the company had a P/E ratio of 41.3.
P/E ratio history for Rieter Holding from 2002 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 41.3 | 616% |
| 2023 | 5.77 | -87.21% |
| 2022 | 45.1 | 56.39% |
| 2021 | 28.8 | -640.29% |
| 2020 | -5.34 | -137.03% |
| 2019 | 14.4 | -35.92% |
| 2018 | 22.5 | -77.4% |
| 2017 | 99.6 | 312.74% |
| 2016 | 24.1 | 12.95% |
| 2015 | 21.4 | 19.77% |
| 2014 | 17.8 | -34.78% |
| 2013 | 27.3 | -6.59% |
| 2012 | 29.3 | 917.44% |
| 2011 | 2.88 | -94.08% |
| 2010 | 48.6 | -1268.75% |
| 2009 | -4.16 | 182.14% |
| 2008 | -1.47 | -114.3% |
| 2007 | 10.3 | -46.19% |
| 2006 | 19.2 | 31.02% |
| 2005 | 14.6 | 37.41% |
| 2004 | 10.6 | -11.96% |
| 2003 | 12.1 | 5.44% |
| 2002 | 11.5 |
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.