P/E ratio for The Rank Group (RNK.L)
P/E ratio at the end of 2024: 26.3
According to The Rank Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3260.26. At the end of 2024 the company had a P/E ratio of 26.3.
P/E ratio history for The Rank Group from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 26.3 | -688.09% |
| 2023 | -4.47 | -170.89% |
| 2022 | 6.31 | -166.15% |
| 2021 | -9.54 | -115.03% |
| 2020 | 63.5 | 183.17% |
| 2019 | 22.4 | 10.84% |
| 2018 | 20.2 | 38.76% |
| 2017 | 14.6 | 36.45% |
| 2016 | 10.7 | 15.26% |
| 2015 | 9.27 | -63.32% |
| 2014 | 25.3 | 36.09% |
| 2013 | 18.6 | 733.67% |
| 2012 | 2.23 | |
| 2010 | 7.61 | 13.62% |
| 2009 | 6.70 | -114.34% |
| 2008 | -46.7 | -5790.25% |
| 2007 | 0.8216 | -88.51% |
| 2006 | 7.15 | -213.64% |
| 2005 | -6.29 | -90.42% |
| 2004 | -65.6 | -600.43% |
| 2003 | 13.1 | 31.71% |
| 2002 | 9.96 | -37.34% |
| 2001 | 15.9 |
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.