Rockwool
ROCK-B.CO
#2141
Rank
$7.01 B
Marketcap
$328.18
Share price
2.21%
Change (1 day)
40.23%
Change (1 year)
ROCKWOOL International A / S is a Danish manufacturer of rock wool insulation materials and systems.

P/E ratio for Rockwool (ROCK-B.CO)

P/E ratio as of March 2024 (TTM): 20.3

According to Rockwool's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2888. At the end of 2022 the company had a P/E ratio of 17.8.

P/E ratio history for Rockwool from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.8-32.97%
202126.511.6%
202023.848.23%
201916.0-11.13%
201818.0-18.43%
201722.1-3.09%
201622.8-26.61%
201531.190.96%
201416.3-14.89%
201319.124.53%
201215.416.32%
201113.2-45.96%
201024.4-22.87%
200931.7530.61%
20085.03-49.37%
20079.93-40.18%
200616.6-23.87%
200521.877.97%
200412.2-19.59%
200315.2-8.75%
200216.7

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.