P/E ratio for REX American Resources (REX)
P/E ratio as of April 2024 (TTM): 37.6
According to REX American Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.619. At the end of 2022 the company had a P/E ratio of 13.8.
P/E ratio history for REX American Resources from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.8 | -17.01% |
| 2021 | 16.7 | -85.25% |
| 2020 | 113 | -8.98% |
| 2019 | 124 | 1291.14% |
| 2018 | 8.93 | -45.87% |
| 2017 | 16.5 | -40.38% |
| 2016 | 27.7 | 221.78% |
| 2015 | 8.60 | 41.21% |
| 2014 | 6.09 | -75.36% |
| 2013 | 24.7 | 145.86% |
| 2012 | 10.0 | -55.47% |
| 2011 | 22.6 | 162.94% |
| 2010 | 8.58 | -122.58% |
| 2009 | -38.0 | -457.87% |
| 2008 | 10.6 | 103.35% |
| 2007 | 5.22 | -58.5% |
| 2006 | 12.6 | 194.46% |
| 2005 | 4.27 | -28.55% |
| 2004 | 5.98 | -26.51% |
| 2003 | 8.14 | 63.36% |
| 2002 | 4.98 | -56.96% |
| 2001 | 11.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Archer Daniels Midland (ADM)
ADM | 8.56 | -77.25% | 🇺🇸 USA |
 Renewable Energy Group
REGI | 16.7 | -55.58% | 🇺🇸 USA |
 Green Plains GPRE | -8.92 | -123.71% | 🇺🇸 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.