P/E ratio for RGC Resources (RGCO)
P/E ratio as of March 2023 (TTM): -6.42
According to RGC Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.42076. At the end of 2021 the company had a P/E ratio of 21.3.
P/E ratio history for RGC Resources from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 21.3 | 24.53% |
| 2020 | 17.1 | -23.38% |
| 2019 | 22.3 | -25.47% |
| 2018 | 30.0 | -7.07% |
| 2017 | 32.2 | 65.19% |
| 2016 | 19.5 | -1.09% |
| 2015 | 19.7 | -6.72% |
| 2014 | 21.2 | 4.66% |
| 2013 | 20.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.3 | -400.16% | 🇺🇸 USA |
 NiSource
NI | 19.3 | -401.05% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 24.8 | -486.99% | 🇺🇸 USA |
 Southwest Gas
SWX | -21.3 | 231.07% | 🇺🇸 USA |
 ONE Gas
OGS | 19.1 | -397.06% | 🇺🇸 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.