P/E ratio for Rosneft (ROSN.ME)
P/E ratio as of March 2023 (TTM): 5.54
According to Rosneft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.54454. At the end of 2020 the company had a P/E ratio of 29.2.
P/E ratio history for Rosneft from 2012 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 29.2 | 333.97% |
| 2019 | 6.73 | -18.14% |
| 2018 | 8.22 | -40.9% |
| 2017 | 13.9 | -41% |
| 2016 | 23.6 | 211.96% |
| 2015 | 7.56 | 26.79% |
| 2014 | 5.96 | 25.36% |
| 2013 | 4.76 | -36.22% |
| 2012 | 7.46 | -95.47% |
| 2011 | 164 | 2385.21% |
| 2010 | 6.62 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Shell SHEL | 4.88 | -12.06% | 🇬🇧 UK |
 BP BP | -71.4 | -1,387.85% | 🇬🇧 UK |
 Saudi Aramco 2222.SR | 12.5 | 124.95% | 🇸🇦 S. Arabia |
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.