Rai Way
RWAY.MI
#4818
Rank
$1.49 B
Marketcap
$5.55
Share price
-0.37%
Change (1 day)
-0.81%
Change (1 year)

P/E ratio for Rai Way (RWAY.MI)

P/E ratio as of December 2024 (TTM): 17.5

According to Rai Way's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.4584. At the end of 2022 the company had a P/E ratio of 20.0.

P/E ratio history for Rai Way from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202220.0-7.88%
202121.8-4.4%
202022.8-14.64%
201926.737.8%
201819.3-19.97%
201724.21.26%
201623.9-29.18%
201533.71323.05%
20142.37

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.