P/E ratio for Rosseti (RSTI.ME)
P/E ratio as of April 2024 (TTM): N/A
According to Rosseti's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2020 the company had a P/E ratio of 8.03.
P/E ratio history for Rosseti from 2017 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 8.03 | 120.51% |
| 2019 | 3.64 | 119.33% |
| 2018 | 1.66 | 5.24% |
| 2017 | 1.58 | -46.21% |
| 2016 | 2.93 | 156.8% |
| 2015 | 1.14 | -126.41% |
| 2014 | -4.32 | 356.32% |
| 2013 | -0.9476 | -100.17% |
| 2012 | 559 | 12786.18% |
| 2011 | 4.34 | -58.74% |
| 2010 | 10.5 |
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.