Rosneft
ROSN.ME
#295
Rank
$52.21 B
Marketcap
$5.50
Share price
-3.77%
Change (1 day)
-27.82%
Change (1 year)

P/E ratio for Rosneft (ROSN.ME)

P/E ratio as of December 2022 (TTM): 6.03

According to Rosneft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.02667. 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
202029.2333.97%
20196.73-18.14%
20188.22-40.9%
201713.9-41%
201623.6211.96%
20157.5626.79%
20145.9625.36%
20134.76-36.22%
20127.46-95.47%
20111642385.21%
20106.62

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.06-16.07%๐Ÿ‡ฌ๐Ÿ‡ง UK
-10.6-275.97%๐Ÿ‡ฌ๐Ÿ‡ง UK
17.7 193.42%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.