P/E ratio for Richter Gedeon (RICHT.BD)
P/E ratio as of March 2023 (TTM): 5.84
According to Richter Gedeon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.84271. At the end of 2021 the company had a P/E ratio of 11.8.
P/E ratio history for Richter Gedeon from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 11.8 | 5.04% |
| 2020 | 11.2 | -47.58% |
| 2019 | 21.4 | -26.22% |
| 2018 | 29.1 | -64.04% |
| 2017 | 80.8 | 553.32% |
| 2016 | 12.4 | -15.9% |
| 2015 | 14.7 | -50.12% |
| 2014 | 29.5 | 65.92% |
| 2013 | 17.8 |
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.