Rosneft
ROSN.ME
#275
Rank
$67.29 B
Marketcap
$6.35
Share price
-0.12%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Rosneft (ROSN.ME)

P/E ratio as of May 2024 (TTM): 5.07

According to Rosneft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.07224. At the end of 2020 the company had a P/E ratio of 31.1.

P/E ratio history for Rosneft from 2012 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202031.1359.57%
20196.76-17.8%
20188.22-40.89%
201713.9-43.28%
201624.5224.4%
20157.5626.83%
20145.9629.8%
20134.59-33.94%
20126.95

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.42 66.05%๐Ÿ‡ฌ๐Ÿ‡ง UK
4.29-15.35%๐Ÿ‡ฌ๐Ÿ‡ง UK
14.1 178.00%๐Ÿ‡ธ๐Ÿ‡ฆ 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.