Riverstone Holdings
AP4.SI
#5502
Rank
โ‚น86.09 B
Marketcap
โ‚น58.09
Share price
1.11%
Change (1 day)
55.08%
Change (1 year)

P/E ratio for Riverstone Holdings (AP4.SI)

P/E ratio as of November 2024 (TTM): 23.3

According to Riverstone Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.297. At the end of 2022 the company had a P/E ratio of 9.46.

P/E ratio history for Riverstone Holdings from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.46
201916.1-16.58%
201819.3-3.21%
201719.928.85%
201615.5-23.34%
201520.257.14%
201412.812.86%
201311.422.91%
20129.2518.59%
20117.80-21.86%
20109.990.96%
20099.89

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.