Renault
RNO.PA
#1454
Rank
$12.90 B
Marketcap
$44.54
Share price
0.23%
Change (1 day)
-14.50%
Change (1 year)

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
202416.2294.58%
20234.12-118.35%
2022-22.4-374.25%
20218.18-925.8%
2020-0.9903-98.65%
2019-73.1-2034.65%
20183.783.94%
20173.64-43.1%
20166.39-23.32%
20158.3416.51%
20147.15-63.38%
201319.5314.67%
20124.7175.31%
20112.694.49%
20102.57-224.75%
2009-2.06-135.48%
20085.81-8.55%
20076.353.46%
20066.1439.27%
20054.417.84%
20044.09-11.31%
20034.61-16.68%
20025.53

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Ferrari
RACE
48.9 216.05%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.