P/E ratio for Renewi (RWI.L)
P/E ratio at the end of 2024: -14.0
According to Renewi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2041.1. At the end of 2024 the company had a P/E ratio of -14.0.
P/E ratio history for Renewi from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -14.0 | -274.61% |
| 2023 | 8.02 | 11.13% |
| 2022 | 7.22 | -88.93% |
| 2021 | 65.2 | -2852.63% |
| 2020 | -2.37 | 16.41% |
| 2019 | -2.03 | -80.01% |
| 2018 | -10.2 | 34.74% |
| 2017 | -7.55 | -86.76% |
| 2016 | -57.0 | 256.45% |
| 2015 | -16.0 | 58.01% |
| 2014 | -10.1 | 65.44% |
| 2013 | -6.12 | -159.81% |
| 2012 | 10.2 | -29.96% |
| 2011 | 14.6 | 92.8% |
| 2010 | 7.58 | -73.84% |
| 2009 | 29.0 | 167.86% |
| 2008 | 10.8 | 19.48% |
| 2007 | 9.05 | 27.23% |
| 2006 | 7.11 | 249.62% |
| 2005 | 2.04 | -86.76% |
| 2004 | 15.4 | 23.4% |
| 2003 | 12.5 | -15.28% |
| 2002 | 14.7 | 34% |
| 2001 | 11.0 |
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.