P/E ratio for Richter Gedeon (RIG2.F)
P/E ratio as of April 2024 (TTM): 16.0
According to Richter Gedeon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0133. At the end of 2022 the company had a P/E ratio of 9.97.
P/E ratio history for Richter Gedeon from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.97 | -10.4% |
| 2021 | 11.1 | -6.71% |
| 2020 | 11.9 | -51.34% |
| 2019 | 24.5 | -11.71% |
| 2018 | 27.8 | -78.38% |
| 2017 | 128 | 624.38% |
| 2016 | 17.7 | -6.15% |
| 2015 | 18.9 | -18.79% |
| 2014 | 23.3 | 52.72% |
| 2013 | 15.2 | 34.43% |
| 2012 | 11.3 | 1.13% |
| 2011 | 11.2 | 10.16% |
| 2010 | 10.2 | -12.14% |
| 2009 | 11.6 | 16.18% |
| 2008 | 9.97 | |
| 2006 | 13.2 | -11.22% |
| 2005 | 14.8 | 76.73% |
| 2004 | 8.39 |
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.