P/E ratio for Resolute Forest Products (RFP)
P/E ratio as of April 2024 (TTM): 3.98
According to Resolute Forest Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.97822. At the end of 2021 the company had a P/E ratio of 4.02.
P/E ratio history for Resolute Forest Products from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.02 | -94.47% |
| 2020 | 72.7 | -1034.29% |
| 2019 | -7.78 | -352.07% |
| 2018 | 3.09 | -125.97% |
| 2017 | -11.9 | 99.88% |
| 2016 | -5.94 | 123.8% |
| 2015 | -2.66 | -55.81% |
| 2014 | -6.01 | 153.24% |
| 2013 | -2.37 | -99.46% |
| 2012 | -441 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mercer International MERC | -16.0 | -500.99% | 🇨🇦 Canada |
 Verso Corporation
VRS | -22.9 | -674.95% | 🇺🇸 USA |
 Domtar UFS | N/A | N/A | 🇺🇸 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.