RPC
RES
#4427
Rank
$1.66 B
Marketcap
$7.74
Share price
0.65%
Change (1 day)
-2.27%
Change (1 year)

P/E ratio for RPC (RES)

P/E ratio as of March 2024 (TTM): 6.93

According to RPC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.92793. At the end of 2022 the company had a P/E ratio of 8.80.

P/E ratio history for RPC from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.80-94.84%
2021171-5574.14%
2020-3.12-75.33%
2019-12.6-203.75%
201812.2-64.2%
201734.0-213.41%
2016-30.015.54%
2015-26.0-325.12%
201411.5-49.57%
201322.9139.32%
20129.566.89%
20118.95-50.38%
201018.0-141.61%
2009-43.3-481.83%
200811.3-12.78%
200713.0-10.84%
200614.6-41.64%
200525.023.69%
200420.2-28.26%
200328.2-146.16%
2002-61.0-432.06%
200118.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.3 91.95%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1 118.22%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8 171.30%๐Ÿ‡บ๐Ÿ‡ธ USA
7.44 7.37%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1 190.00%๐Ÿ‡บ๐Ÿ‡ธ USA

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.