P/E ratio for Ratch Group (RATCH.BK)
P/E ratio as of May 2024 (TTM): 9.86
According to Ratch Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.86202. At the end of 2022 the company had a P/E ratio of 12.6.
P/E ratio history for Ratch Group from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.6 | 37.86% |
| 2021 | 9.17 | -30.5% |
| 2020 | 13.2 | -26.99% |
| 2019 | 18.1 | 26.9% |
| 2018 | 14.2 | 3.51% |
| 2017 | 13.8 | 8.25% |
| 2016 | 12.7 | -45.76% |
| 2015 | 23.4 | 59.86% |
| 2014 | 14.7 | 32.89% |
| 2013 | 11.0 | -9.68% |
| 2012 | 12.2 | -14.45% |
| 2011 | 14.3 | 24.36% |
| 2010 | 11.5 | 40.16% |
| 2009 | 8.19 |
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.