P/E ratio for Rai Way (RWAY.MI)
P/E ratio as of May 2024 (TTM): 18.0
According to Rai Way's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0103. 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 |
|---|---|---|
| 2022 | 20.0 | -7.88% |
| 2021 | 21.8 | -4.4% |
| 2020 | 22.8 | -14.64% |
| 2019 | 26.7 | 37.8% |
| 2018 | 19.3 | -19.97% |
| 2017 | 24.2 | 1.26% |
| 2016 | 23.9 | -29.18% |
| 2015 | 33.7 | 1323.05% |
| 2014 | 2.37 |
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.