According to Rumo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 49.2201. At the end of 2022 the company had a P/E ratio of 66.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 66.9 | -69.37% |
2021 | 219 | 99.57% |
2020 | 109 | 109.41% |
2019 | 52.3 | -47.69% |
2018 | 100.0 | -244.77% |
2017 | -69.1 | 517.43% |
2016 | -11.2 | 405.33% |
2015 | -2.21 |
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.