Ryman Healthcare
RYM.NZ
#4600
Rank
$1.73 B
Marketcap
$2.53
Share price
-0.89%
Change (1 day)
-27.74%
Change (1 year)
Ryman Healthcare Limited is a company from New Zealand that operates retirement homes and clinics.

P/E ratio for Ryman Healthcare (RYM.NZ)

P/E ratio at the end of 2023: 9.77

According to Ryman Healthcare's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.0843. At the end of 2023 the company had a P/E ratio of 9.77.

P/E ratio history for Ryman Healthcare from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.7781.75%
20225.38-62.4%
202114.3-20.78%
202018.019.31%
201915.143%
201810.611.72%
20179.47-15.73%
201611.2-6.39%
201512.0-16.35%
201414.316.08%
201312.442.49%
20128.68-0.03%
20118.68-16.5%
201010.4-2.77%
200910.727.73%
20088.37-57.92%
200719.915.77%
200617.238.78%
200512.427.11%
20049.746.42%
20039.15-37.61%
200214.713.72%
200112.9

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.