P/E ratio for Remgro Limited (REM.JO)
P/E ratio at the end of 2022: 4.89
According to Remgro Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.27517. At the end of 2022 the company had a P/E ratio of 4.89.
P/E ratio history for Remgro Limited from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.89 | -65.2% |
| 2021 | 14.0 | 78.43% |
| 2020 | 7.87 | -0.22% |
| 2019 | 7.89 | 15.1% |
| 2018 | 6.85 | -1.53% |
| 2017 | 6.96 | -49.62% |
| 2016 | 13.8 | 97.79% |
| 2015 | 6.99 | -0.2% |
| 2014 | 7.00 | -20.33% |
| 2013 | 8.78 | 283.4% |
| 2012 | 2.29 | 76.59% |
| 2011 | 1.30 | -68.42% |
| 2010 | 4.11 | 1589.9% |
| 2009 | 0.2431 | -74.85% |
| 2008 | 0.9666 | -13.96% |
| 2007 | 1.12 | 80.65% |
| 2006 | 0.6219 | 46.58% |
| 2005 | 0.4242 | -46.37% |
| 2004 | 0.7911 | 12.93% |
| 2003 | 0.7005 | -67.16% |
| 2002 | 2.13 |
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.