P/E ratio for Rumo (RAIL3.SA)
P/E ratio as of May 2023 (TTM): 118
According to Rumo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 118.388. 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 |
|---|---|---|
| 2021 | 219 | 102.9% |
| 2020 | 108 | 106.05% |
| 2019 | 52.3 | -47.69% |
| 2018 | 100.0 | -244.77% |
| 2017 | -69.1 | 403.86% |
| 2016 | -13.7 | 38.37% |
| 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.