Regencell Bioscience
RGC
#2511
Rank
NZ$9.95 B
Marketcap
$765.03
Share price
28.89%
Change (1 day)
9,178.14%
Change (1 year)

P/E ratio for Regencell Bioscience (RGC)

P/E ratio at the end of 2023: -51.2

According to Regencell Bioscience's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1033.33. At the end of 2023 the company had a P/E ratio of -51.2.

P/E ratio history for Regencell Bioscience from 2022 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-51.2-5.72%
2022-54.3

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.