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 |
|---|---|---|
| 2021 | 8.15 | -923.27% |
| 2020 | -0.9903 | -98.65% |
| 2019 | -73.1 | -2034.65% |
| 2018 | 3.78 | 2.05% |
| 2017 | 3.70 | -42% |
| 2016 | 6.39 | -23.38% |
| 2015 | 8.34 | 16.51% |
| 2014 | 7.15 | -63.38% |
| 2013 | 19.5 | 314.67% |
| 2012 | 4.71 | 74.95% |
| 2011 | 2.69 | 4.71% |
| 2010 | 2.57 | -224.75% |
| 2009 | -2.06 | -135.48% |
| 2008 | 5.81 | -8.55% |
| 2007 | 6.35 | 3.09% |
| 2006 | 6.16 | 39.42% |
| 2005 | 4.42 | 29.32% |
| 2004 | 3.42 | -25.86% |
| 2003 | 4.61 | -22.61% |
| 2002 | 5.96 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ferrari RACE | 41.4 | 320.19% | 🇮🇹 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.