P/E ratio for Redrow (RDW.L)
P/E ratio at the end of 2022: 8.89
According to Redrow's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1127.13. At the end of 2022 the company had a P/E ratio of 8.89.
P/E ratio history for Redrow from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.89 | 17.45% |
| 2021 | 7.57 | -46.84% |
| 2020 | 14.2 | 145% |
| 2019 | 5.81 | -1.5% |
| 2018 | 5.90 | -20.64% |
| 2017 | 7.44 | 38.59% |
| 2016 | 5.37 | -31.42% |
| 2015 | 7.83 | 11.78% |
| 2014 | 7.00 | -43.1% |
| 2013 | 12.3 | 24.07% |
| 2012 | 9.92 | -54.29% |
| 2011 | 21.7 | -95.64% |
| 2010 | 498 | -16231.75% |
| 2009 | -3.08 | 226.61% |
| 2008 | -0.9445 | -115.83% |
| 2007 | 5.97 | -4.53% |
| 2006 | 6.25 | 33.35% |
| 2005 | 4.69 | 4.24% |
| 2004 | 4.50 | -2.02% |
| 2003 | 4.59 | -29.34% |
| 2002 | 6.50 | -14.61% |
| 2001 | 7.61 |
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.