Renault
RNO.PA
#1399
Rank
$10.55 B
Marketcap
$36.45
Share price
0.32%
Change (1 day)
13.41%
Change (1 year)

P/E ratio for Renault (RNO.PA)

P/E ratio at the end of 2021: 8.15

According to Renault's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.84843. At the end of 2021 the company had a P/E ratio of 8.15.

P/E ratio history for Renault from 2002 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20218.15-923.27%
2020-0.9903-98.65%
2019-73.1-2034.65%
20183.782.05%
20173.70-42%
20166.39-23.38%
20158.3416.51%
20147.15-63.38%
201319.5314.67%
20124.7174.95%
20112.694.71%
20102.57-224.75%
2009-2.06-135.48%
20085.81-8.55%
20076.353.09%
20066.1639.42%
20054.4229.32%
20043.42-25.86%
20034.61-22.61%
20025.96

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
41.4 320.19%๐Ÿ‡ฎ๐Ÿ‡น Italy

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.