P/E ratio for Renewable Energy Group (REGI)
P/E ratio as of May 2024 (TTM): 16.7
According to Renewable Energy Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.712. At the end of 2021 the company had a P/E ratio of 9.55.
P/E ratio history for Renewable Energy Group from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.55 | -59.8% |
| 2020 | 23.8 | 762.09% |
| 2019 | 2.76 | -20.02% |
| 2018 | 3.45 | -159.56% |
| 2017 | -5.78 | -163.21% |
| 2016 | 9.15 | -440.32% |
| 2015 | -2.69 | -154.76% |
| 2014 | 4.91 | 104.07% |
| 2013 | 2.41 | -42.39% |
| 2012 | 4.18 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NewMarket Corp NEU | 12.8 | -23.21% | 🇺🇸 USA |
 REX American Resources
REX | 37.4 | 123.60% | 🇺🇸 USA |
 Quaker Houghton KWR | 399 | 2,287.25% | 🇺🇸 USA |
 FutureFuel FF | 5.59 | -66.55% | 🇺🇸 USA |
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.