P/E ratio for Reginn (REGINN.IC)
P/E ratio as of April 2024 (TTM): 6.63
According to Reginn's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.6319. At the end of 2023 the company had a P/E ratio of 11.4.
P/E ratio history for Reginn from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 11.4 | -33.16% |
| 2022 | 17.0 | 73.77% |
| 2021 | 9.79 | -69.5% |
| 2020 | 32.1 | 258.1% |
| 2019 | 8.97 | -19.95% |
| 2018 | 11.2 | 5.26% |
| 2017 | 10.6 | 12.93% |
| 2016 | 9.42 | 47.14% |
| 2015 | 6.41 | -23.89% |
| 2014 | 8.42 | 1.21% |
| 2013 | 8.32 | 18.68% |
| 2012 | 7.01 |
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.