P/E ratio for Rogers Communication (RCI)
P/E ratio as of June 2023 (TTM): 20.3
According to Rogers Communication's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3384. At the end of 2021 the company had a P/E ratio of 19.6.
P/E ratio history for Rogers Communication from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 19.6 | -1.37% |
| 2020 | 19.8 | 20.94% |
| 2019 | 16.4 | -2.66% |
| 2018 | 16.8 | |
| 2015 | 16.8 | 2.09% |
| 2014 | 16.5 | 13.44% |
| 2013 | 14.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Netflix NFLX | 42.5 | 108.81% | 🇺🇸 USA |
 BCE BCE | 21.8 | 7.29% | 🇨🇦 Canada |
 Telus TU | 22.1 | 8.43% | 🇨🇦 Canada |
 Shaw Communications
SJR | 25.4 | 25.10% | 🇨🇦 Canada |
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.