P/E ratio for Richelieu Hardware (RCH.TO)
P/E ratio as of May 2024 (TTM): 17.2
According to Richelieu Hardware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.1782. At the end of 2022 the company had a P/E ratio of 12.0.
P/E ratio history for Richelieu Hardware from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.0 | -29.97% |
| 2021 | 17.2 | -21.5% |
| 2020 | 21.9 | -6.44% |
| 2019 | 23.4 | 21.63% |
| 2018 | 19.2 | -34.39% |
| 2017 | 29.3 | 24.98% |
| 2016 | 23.4 | 3.67% |
| 2015 | 22.6 | 5.96% |
| 2014 | 21.3 | 9.62% |
| 2013 | 19.5 | 13.85% |
| 2012 | 17.1 | 12.61% |
| 2011 | 15.2 | -9.53% |
| 2010 | 16.8 | 2.99% |
| 2009 | 16.3 | 45.51% |
| 2008 | 11.2 | -32.29% |
| 2007 | 16.5 | -5.79% |
| 2006 | 17.6 | -11.06% |
| 2005 | 19.8 | 1.58% |
| 2004 | 19.4 | 1.15% |
| 2003 | 19.2 | 13.23% |
| 2002 | 17.0 | 34.96% |
| 2001 | 12.6 |
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.