Rayonier Advanced Materials
RYAM
#6530
Rank
$0.31 B
Marketcap
$4.78
Share price
0.21%
Change (1 day)
-20.99%
Change (1 year)

P/E ratio for Rayonier Advanced Materials (RYAM)

P/E ratio as of March 2024 (TTM): 16.5

According to Rayonier Advanced Materials 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4828. At the end of 2022 the company had a P/E ratio of -43.6.

P/E ratio history for Rayonier Advanced Materials from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-43.6-894.78%
20215.49-98.32%
2020326-6297.4%
2019-5.26-210.64%
20184.7557.63%
20173.02-68.59%
20169.6028.49%
20157.47-74.74%
201429.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.8 1.79%๐Ÿ‡จ๐Ÿ‡ฆ Canada
48.0 191.43%๐Ÿ‡บ๐Ÿ‡ธ USA
39.1 137.51%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-26.07%๐Ÿ‡บ๐Ÿ‡ธ USA

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.