RWE
RWE.DE
#735
Rank
$25.95 B
Marketcap
$34.89
Share price
-1.12%
Change (1 day)
-25.53%
Change (1 year)

P/E ratio for RWE (RWE.DE)

P/E ratio as of May 2024 (TTM): 9.10

According to RWE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.09829. At the end of 2022 the company had a P/E ratio of 10.6.

P/E ratio history for RWE from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.6-68.3%
202133.459.34%
202021.0958.68%
20191.98-94.46%
201835.7549.64%
20175.50-532.59%
2016-1.27-96.96%
2015-41.8-551.64%
20149.26-256.28%
2013-5.93-139.92%
201214.883.14%
20118.100.72%
20108.05-20.67%
200910.1

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.