Richardson Electronics
RELL
#7260
Rank
$0.13 B
Marketcap
$9.21
Share price
0.33%
Change (1 day)
-56.10%
Change (1 year)

P/E ratio for Richardson Electronics (RELL)

P/E ratio as of March 2024 (TTM): 7.43

According to Richardson Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.42742. At the end of 2022 the company had a P/E ratio of 12.5.

P/E ratio history for Richardson Electronics from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.5-39.11%
202120.5-165.24%
2020-31.4245.79%
2019-9.08-118.81%
201848.3
2016-9.260.11%
2015-9.25-72.24%
2014-33.3-155.75%
201359.869.02%
201235.41142.74%
20112.85-62.47%
20107.59-221.58%
2009-6.24-169.8%
20088.94181.71%
20073.17-109.62%
2006-33.0395.91%
2005-6.65-132.68%
200420.3-167.45%
2003-30.2189.14%
2002-10.4-150.01%
200120.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.5 176.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.95-207.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.1-357.53%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 55.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.17-169.65%๐Ÿ‡บ๐Ÿ‡ธ USA
7.15-3.75%๐Ÿ‡บ๐Ÿ‡ธ USA
5.69-23.36%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.