P/E ratio for Randstad (RAND.AS)
P/E ratio as of April 2024 (TTM): 11.7
According to Randstad 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7287. At the end of 2022 the company had a P/E ratio of 11.3.
P/E ratio history for Randstad from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.3 | -22.26% |
| 2021 | 14.5 | -55.76% |
| 2020 | 32.9 | 94.99% |
| 2019 | 16.9 | 59.76% |
| 2018 | 10.6 | -30.41% |
| 2017 | 15.2 | -7.33% |
| 2016 | 16.4 | -21.82% |
| 2015 | 20.9 | -5.66% |
| 2014 | 22.2 | -44.48% |
| 2013 | 39.9 | -76.74% |
| 2012 | 172 | 615.48% |
| 2011 | 24.0 | -4.27% |
| 2010 | 25.1 | -75.37% |
| 2009 | 102 |
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.