Rogers Communication
RCI
#921
Rank
$20.56 B
Marketcap
$38.23
Share price
0.45%
Change (1 day)
-22.38%
Change (1 year)

P/E ratio for Rogers Communication (RCI)

P/E ratio as of April 2024 (TTM): 21.1

According to Rogers Communication's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.0657. At the end of 2022 the company had a P/E ratio of 18.5.

P/E ratio history for Rogers Communication from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.5-5.51%
202119.6-1.37%
202019.820.94%
201916.4-2.66%
201816.8-7.12%
201718.1-41.03%
201630.882.76%
201516.82.09%
201416.513.44%
201314.54.37%
201213.94.05%
201113.4-2.05%
201013.7-6.14%
200914.6-25.45%
200819.5-58.03%
200746.537.01%
200634.0-111.53%
2005-295142.36%
2004-122-295.46%
200362.2406.39%
200212.3-243.77%
2001-8.54

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
61.1 189.86%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8-15.69%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.9 22.78%๐Ÿ‡จ๐Ÿ‡ฆ Canada
25.4 20.78%๐Ÿ‡จ๐Ÿ‡ฆ 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.