P/E ratio for Riverstone Holdings (AP4.SI)
P/E ratio as of April 2024 (TTM): 19.6
According to Riverstone Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.6171. At the end of 2022 the company had a P/E ratio of 9.48.
P/E ratio history for Riverstone Holdings from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.48 | |
| 2019 | 16.1 | -16.58% |
| 2018 | 19.3 | -3.25% |
| 2017 | 19.9 | 28.87% |
| 2016 | 15.5 | -23.33% |
| 2015 | 20.2 | 57.14% |
| 2014 | 12.8 | 12.86% |
| 2013 | 11.4 | 22.91% |
| 2012 | 9.25 | 18.68% |
| 2011 | 7.80 | -21.92% |
| 2010 | 9.99 | 0.96% |
| 2009 | 9.89 |
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.