P/E ratio for Renault (RNO.PA)
P/E ratio at the end of 2024: 16.2
According to Renault's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4839. At the end of 2024 the company had a P/E ratio of 16.2.
P/E ratio history for Renault from 2002 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 16.2 | 294.58% |
| 2023 | 4.12 | -118.35% |
| 2022 | -22.4 | -374.25% |
| 2021 | 8.18 | -925.8% |
| 2020 | -0.9903 | -98.65% |
| 2019 | -73.1 | -2034.65% |
| 2018 | 3.78 | 3.94% |
| 2017 | 3.64 | -43.1% |
| 2016 | 6.39 | -23.32% |
| 2015 | 8.34 | 16.51% |
| 2014 | 7.15 | -63.38% |
| 2013 | 19.5 | 314.67% |
| 2012 | 4.71 | 75.31% |
| 2011 | 2.69 | 4.49% |
| 2010 | 2.57 | -224.75% |
| 2009 | -2.06 | -135.48% |
| 2008 | 5.81 | -8.55% |
| 2007 | 6.35 | 3.46% |
| 2006 | 6.14 | 39.27% |
| 2005 | 4.41 | 7.84% |
| 2004 | 4.09 | -11.31% |
| 2003 | 4.61 | -16.68% |
| 2002 | 5.53 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ferrari RACE | 48.9 | 216.05% | 🇮🇹 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.