The Rank Group
RNK.L
#6988
Rank
NZ$0.82 B
Marketcap
$1.76
Share price
1.25%
Change (1 day)
18.36%
Change (1 year)

P/E ratio for The Rank Group (RNK.L)

P/E ratio at the end of 2024: 25.0

According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2924.84. At the end of 2024 the company had a P/E ratio of 25.0.

P/E ratio history for The Rank Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202425.0-688.09%
2023-4.25-170.89%
20225.99-166.15%
2021-9.06-115.03%
202060.3183.17%
201921.310.84%
201819.238.76%
201713.836.45%
201610.115.26%
20158.80-63.32%
201424.036.09%
201317.6733.67%
20122.12
20107.2313.62%
20096.37-114.34%
2008-44.4-5790.25%
20070.7803-88.51%
20066.79-213.64%
2005-5.97-90.42%
2004-62.3-600.43%
200312.531.71%
20029.46-37.34%
200115.1

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.