According to Riley Permian's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.2199. At the end of 2022 the company had a P/E ratio of 4.88.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.88 | -173.26% |
2021 | -6.66 | 83.56% |
2020 | -3.63 | -70.38% |
2019 | -12.3 | -280.58% |
2018 | 6.79 | -159.38% |
2017 | -11.4 | 1026.53% |
2016 | -1.01 | 243.24% |
2015 | -0.2956 | -99.66% |
2014 | -86.7 | -1144.45% |
2013 | 8.30 | -100% |
2012 | > 1000 | 912679706.66% |
2011 | 7.89 | -146.21% |
2010 | -17.1 | 13.81% |
2009 | -15.0 | |
2007 | 7.14 | -59.18% |
2006 | 17.5 | -12.5% |
2005 | 20.0 | -792.31% |
2004 | -2.89 | 0.15% |
2003 | -2.88 | -12.55% |
2002 | -3.30 | -89.64% |
2001 | -31.8 |
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.