P/E ratio for Rocky Brands (RCKY)
P/E ratio as of April 2024 (TTM): 18.3
According to Rocky Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.2643. At the end of 2022 the company had a P/E ratio of 8.44.
P/E ratio history for Rocky Brands from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.44 | -40.23% |
| 2021 | 14.1 | 44.3% |
| 2020 | 9.78 | -21.24% |
| 2019 | 12.4 | -5.91% |
| 2018 | 13.2 | -9.92% |
| 2017 | 14.7 | -136.79% |
| 2016 | -39.8 | -399.74% |
| 2015 | 13.3 | 29.71% |
| 2014 | 10.2 | -30.39% |
| 2013 | 14.7 | 34.31% |
| 2012 | 11.0 | 34.85% |
| 2011 | 8.13 | -15.74% |
| 2010 | 9.64 | -73.42% |
| 2009 | 36.3 | 79.63% |
| 2008 | 20.2 | -1490.6% |
| 2007 | -1.45 | -108.02% |
| 2006 | 18.1 | 82.91% |
| 2005 | 9.90 | -37.53% |
| 2004 | 15.9 | 4.07% |
| 2003 | 15.2 | 86.03% |
| 2002 | 8.19 | -50.34% |
| 2001 | 16.5 |
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.