P/E ratio for RATH Aktiengesellschaft (RAT.VI)
P/E ratio at the end of 2023: 8.19
According to RATH Aktiengesellschaft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.14072. At the end of 2023 the company had a P/E ratio of 8.19.
P/E ratio history for RATH Aktiengesellschaft from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 8.19 | -19.35% |
| 2022 | 10.2 | -5.5% |
| 2021 | 10.8 | -181.65% |
| 2020 | -13.2 | -212.12% |
| 2019 | 11.7 | 87.25% |
| 2018 | 6.27 | -41.88% |
| 2017 | 10.8 | 41.87% |
| 2016 | 7.61 | 41.67% |
| 2015 | 5.37 | 16.16% |
| 2014 | 4.62 | -106.61% |
| 2013 | -69.9 | -463.54% |
| 2012 | 19.2 | 380.88% |
| 2011 | 4.00 | -93.93% |
| 2010 | 65.9 | -432.97% |
| 2009 | -19.8 | 342.41% |
| 2008 | -4.48 | -116.64% |
| 2007 | 26.9 | 43921.22% |
| 2006 | 0.0611 |
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.