P/E ratio for RE/MAX Holdings (RMAX)
P/E ratio as of April 2024 (TTM): -124
According to RE/MAX Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -123.5. At the end of 2022 the company had a P/E ratio of 71.7.
P/E ratio history for RE/MAX Holdings from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 71.7 | -297.51% |
| 2021 | -36.3 | -160.95% |
| 2020 | 59.6 | 116.63% |
| 2019 | 27.5 | 35.9% |
| 2018 | 20.2 | -70.8% |
| 2017 | 69.3 | 57.13% |
| 2016 | 44.1 | 54.86% |
| 2015 | 28.5 | -3.56% |
| 2014 | 29.5 | -88.03% |
| 2013 | 247 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Vector Group
VGR | 9.58 | -107.76% | 🇺🇸 USA |
 Realogy RLGY | 4.22 | -103.42% | 🇺🇸 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.