P/E ratio for Rottneros (RROS.ST)
P/E ratio as of May 2024 (TTM): 9.13
According to Rottneros's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.12507. At the end of 2022 the company had a P/E ratio of 3.29.
P/E ratio history for Rottneros from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.29 | -58.59% |
| 2021 | 7.95 | -132.21% |
| 2020 | -24.7 | -375.13% |
| 2019 | 8.98 | 58.73% |
| 2018 | 5.66 | -40.68% |
| 2017 | 9.53 | -0.52% |
| 2016 | 9.58 | 71.68% |
| 2015 | 5.58 | 29.85% |
| 2014 | 4.30 | -324.66% |
| 2013 | -1.91 | -91.56% |
| 2012 | -22.7 | 925.4% |
| 2011 | -2.21 | -141.48% |
| 2010 | 5.33 | -303.13% |
| 2009 | -2.62 |
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.