Rieter Holding
RIEN.SW
#6816
Rank
NZ$1.04 B
Marketcap
NZ$7.70
Share price
-0.97%
Change (1 day)
-95.38%
Change (1 year)

P/E ratio for Rieter Holding (RIEN.SW)

P/E ratio at the end of 2024: 353

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1993. At the end of 2024 the company had a P/E ratio of 353.

P/E ratio history for Rieter Holding from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024353632.97%
202348.2-87.01%
202237161.07%
2021230-640.29%
2020-42.6-138.99%
2019109-33.79%
2018165-76.78%
2017711322.64%
201616815.39%
201514623.26%
2014118-33.64%
2013178-4.99%
2012188961.42%
201117.7-94.08%
2010298-1268.75%
2009-25.5182.14%
2008-9.05-115.1%
200759.9-44.41%
200610834.43%
200580.243.45%
200455.9-8.33%
200361.014.87%
200253.1

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.