P/E ratio for Rightmove (RMV.L)
P/E ratio at the end of 2022: 22.9
According to Rightmove 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 22.9.
P/E ratio history for Rightmove from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.9 | -35.23% |
| 2021 | 35.3 | -26.98% |
| 2020 | 48.4 | 51.97% |
| 2019 | 31.8 | 29.12% |
| 2018 | 24.7 | -8.52% |
| 2017 | 27.0 | -7.35% |
| 2016 | 29.1 | -6.4% |
| 2015 | 31.1 | 67.06% |
| 2014 | 18.6 | -32.7% |
| 2013 | 27.7 | 48.65% |
| 2012 | 18.6 | -18.92% |
| 2011 | 22.9 | 89.86% |
| 2010 | 12.1 | -13.66% |
| 2009 | 14.0 | 108.86% |
| 2008 | 6.70 | -67.08% |
| 2007 | 20.4 | -71.29% |
| 2006 | 70.9 |
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.