Retractable Technologies
RVP
#7843
Rank
$35.92 M
Marketcap
$1.20
Share price
0.84%
Change (1 day)
-31.43%
Change (1 year)
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P/E ratio for Retractable Technologies (RVP)

P/E ratio as of March 2024 (TTM): -17.0

According to Retractable Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17. At the end of 2022 the company had a P/E ratio of 10.9.

P/E ratio history for Retractable Technologies from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.9160.32%
20214.20-68.93%
202013.5-27.91%
201918.8-287.5%
2018-10.00105.88%
2017-4.86-21.66%
2016-6.20-142%
201514.8-132.48%
2014-45.5283.71%
2013-11.8158.71%
2012-4.58-107.76%
201159.034.86%
201043.8-1300.46%
2009-3.6497.23%
2008-1.85-57.45%
2007-4.34-65.44%
2006-12.6-61.5%
2005-32.6-1724.72%
20042.01-92.33%
200326.2-416.84%
2002-8.26-27.29%
2001-11.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
44.4-361.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.9-35.71%๐Ÿ‡บ๐Ÿ‡ธ USA
-50.9 199.62%๐Ÿ‡บ๐Ÿ‡ธ USA
16.4-196.71%๐Ÿ‡บ๐Ÿ‡ธ USA
98.4-678.59%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.