Romgaz
RZ8G.F
#2833
Rank
$3.12 B
Marketcap
Romania
Country
$7.62
Share price
0.00%
Change (1 day)
4.67%
Change (1 year)

P/E ratio for Romgaz (RZ8G.F)

P/E ratio as of September 2022 (TTM): 6.13

According to Romgaz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.12502. At the end of 2021 the company had a P/E ratio of 6.77.

P/E ratio history for Romgaz from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.77-20.83%
20208.55-53.28%
201918.3141.34%
20187.5914.95%
20176.60-20.18%
20168.27

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.