Ramsay Health Care
RHC.AX
#2014
Rank
$7.40 B
Marketcap
$32.24
Share price
-0.37%
Change (1 day)
-16.23%
Change (1 year)

P/E ratio for Ramsay Health Care (RHC.AX)

P/E ratio at the end of 2022: 91.5

According to Ramsay Health Care's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.4379. At the end of 2022 the company had a P/E ratio of 91.5.

P/E ratio history for Ramsay Health Care from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202291.5110.76%
202143.4-39.86%
202072.282.62%
201939.51.18%
201839.1-6.14%
201741.6-2.83%
201642.80.59%
201542.626.06%
201433.810.95%
201330.555.43%
201219.67.11%
201118.3-24.73%
201024.3-10.42%
200927.126.72%
200821.4-13.66%
200724.8-16.78%
200629.8-51.86%
200561.9126.81%
200427.336.96%
200319.9-27.06%
200227.3-17.25%
200133.0

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.