Resideo Technologies
REZI
#3535
Rank
$2.32 B
Marketcap
$15.91
Share price
-1.79%
Change (1 day)
-39.34%
Change (1 year)

P/E ratio for Resideo Technologies (REZI)

P/E ratio as of December 2022 (TTM): 7.43

According to Resideo Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.43458. At the end of 2021 the company had a P/E ratio of 15.6.

P/E ratio history for Resideo Technologies from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202115.6-80.2%
202078.798.01%
201939.8534.86%
20186.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/A-100.00%๐Ÿ‡บ๐Ÿ‡ธ USA
7.43 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA
0.0000-100.00%๐Ÿ‡บ๐Ÿ‡ธ 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.