According to Resideo Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.885. At the end of 2022 the company had a P/E ratio of 8.48.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.48 | -45.6% |
2021 | 15.6 | -80.2% |
2020 | 78.7 | 98.01% |
2019 | 39.8 | 534.92% |
2018 | 6.26 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Richardson Electronics RELL | 7.40 | -62.77% | ๐บ๐ธ USA |
Resideo Technologies
REZI | 19.9 | 0.00% | ๐บ๐ธ USA |
Ozon OZON.ME | -15.5 | -177.72% | ๐บ๐ธ USA |
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.