Rumo
RAIL3.SA
#2056
Rank
$6.56 B
Marketcap
$3.54
Share price
-1.96%
Change (1 day)
20.82%
Change (1 year)
Categories

P/E ratio for Rumo (RAIL3.SA)

P/E ratio as of February 2023 (TTM): 111

According to Rumo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 111.421. At the end of 2021 the company had a P/E ratio of 219.

P/E ratio history for Rumo from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021219102.9%
2020108106.05%
201952.3-47.69%
2018100.0-244.77%
2017-69.1403.86%
2016-13.738.37%
2015-9.90

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.