Ritchie Bros. Auctioneers
RBA
#1130
Rank
โ‚น1.428 T
Marketcap
โ‚น7,751
Share price
2.82%
Change (1 day)
40.31%
Change (1 year)
Ritchie Bros. Auctioneers, is an industrial asset disposition and management company, selling heavy industrial equipment and trucks through live and online auctions, and other transactional channels.

P/E ratio for Ritchie Bros. Auctioneers (RBA)

P/E ratio as of November 2024 (TTM): 97.5

According to Ritchie Bros. Auctioneers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 97.4947. At the end of 2022 the company had a P/E ratio of 20.0.

P/E ratio history for Ritchie Bros. Auctioneers from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.0-54.89%
202144.40.13%
202044.341.3%
201931.47.31%
201829.2-31.67%
201742.88.15%
201639.5106.61%
201519.1-39.51%
201431.621.41%
201326.1-6.45%
201227.9-9.17%
201130.7-16.18%
201036.645.17%
200925.214.13%
200822.1-41.51%
200737.817.05%
200632.319.09%
200527.1-16.85%
200432.631.27%
200324.829.63%
200219.1-7.68%
200120.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.5-70.81%๐Ÿ‡บ๐Ÿ‡ธ USA
24.8-74.51%๐Ÿ‡บ๐Ÿ‡ธ USA
22.3-77.12%๐Ÿ‡บ๐Ÿ‡ธ USA
13.8-85.83%๐Ÿ‡บ๐Ÿ‡ธ USA
77.8-20.18%๐Ÿ‡บ๐Ÿ‡ธ USA
107 9.35%๐Ÿ‡บ๐Ÿ‡ธ USA

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.