P/E ratio for Renishaw (RSW.L)
P/E ratio at the end of 2022: 22.4
According to Renishaw's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2604.41. At the end of 2022 the company had a P/E ratio of 22.4.
P/E ratio history for Renishaw from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.4 | -25.86% |
| 2021 | 30.2 | -99.7% |
| 2020 | > 1000 | 30193.86% |
| 2019 | 33.4 | 20.92% |
| 2018 | 27.6 | -1.44% |
| 2017 | 28.0 | 33.96% |
| 2016 | 20.9 | 89.38% |
| 2015 | 11.0 | 7.89% |
| 2014 | 10.2 | -25.73% |
| 2013 | 13.8 | 17.46% |
| 2012 | 11.7 | -22.68% |
| 2011 | 15.2 | -25.41% |
| 2010 | 20.3 | -61.8% |
| 2009 | 53.3 | 445.96% |
| 2008 | 9.75 | 44.24% |
| 2007 | 6.76 | -52.34% |
| 2006 | 14.2 | -5.15% |
| 2005 | 15.0 | -5.75% |
| 2004 | 15.9 | -3.11% |
| 2003 | 16.4 | -19.73% |
| 2002 | 20.4 | 23.58% |
| 2001 | 16.5 |
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.