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 21.0546. 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 |
|---|---|---|
| 2022 | 18.5 | -5.51% |
| 2021 | 19.6 | -1.37% |
| 2020 | 19.8 | 20.94% |
| 2019 | 16.4 | -2.66% |
| 2018 | 16.8 | -7.12% |
| 2017 | 18.1 | -41.03% |
| 2016 | 30.8 | 82.76% |
| 2015 | 16.8 | 2.09% |
| 2014 | 16.5 | 13.44% |
| 2013 | 14.5 | 4.37% |
| 2012 | 13.9 | 4.05% |
| 2011 | 13.4 | -2.05% |
| 2010 | 13.7 | -6.14% |
| 2009 | 14.6 | -25.45% |
| 2008 | 19.5 | -58.03% |
| 2007 | 46.5 | 37.01% |
| 2006 | 34.0 | -111.53% |
| 2005 | -295 | 142.36% |
| 2004 | -122 | -295.46% |
| 2003 | 62.2 | 406.39% |
| 2002 | 12.3 | -243.77% |
| 2001 | -8.54 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Netflix NFLX | 55.4 | 162.99% | 🇺🇸 USA |
 BCE BCE | 18.2 | -13.60% | 🇨🇦 Canada |
 Telus TU | 26.3 | 24.78% | 🇨🇦 Canada |
 Shaw Communications
SJR | 25.4 | 20.84% | 🇨🇦 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.