P/E ratio for Rayonier (RYN)
P/E ratio as of May 2024 (TTM): 54.2
According to Rayonier's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.1636. At the end of 2022 the company had a P/E ratio of 45.2.
P/E ratio history for Rayonier from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 45.2 | 20.82% |
| 2021 | 37.4 | -64.38% |
| 2020 | 105 | 43.14% |
| 2019 | 73.3 | 109.14% |
| 2018 | 35.1 | 28.54% |
| 2017 | 27.3 | 77.34% |
| 2016 | 15.4 | -74.37% |
| 2015 | 60.0 | 76.09% |
| 2014 | 34.1 | 220.78% |
| 2013 | 10.6 | -37.71% |
| 2012 | 17.1 | 15.62% |
| 2011 | 14.7 | 1.71% |
| 2010 | 14.5 | 82.37% |
| 2009 | 7.95 | -35.48% |
| 2008 | 12.3 | -21.41% |
| 2007 | 15.7 | 17.12% |
| 2006 | 13.4 | 5.71% |
| 2005 | 12.7 | 10.6% |
| 2004 | 11.5 | -57.56% |
| 2003 | 27.0 | 85.5% |
| 2002 | 14.5 | -3.13% |
| 2001 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Eastman Chemical
EMN | 19.3 | -64.44% | 🇺🇸 USA |
 International Paper
IP | 47.7 | -11.98% | 🇺🇸 USA |
 Clearwater Paper CLW | 8.84 | -83.67% | 🇺🇸 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.