P/E ratio for The RMR Group (RMR)
P/E ratio as of April 2024 (TTM): 6.35
According to The RMR Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.35405. At the end of 2022 the company had a P/E ratio of 14.4.
P/E ratio history for The RMR Group from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.4 | -11.89% |
| 2021 | 16.4 | -26.72% |
| 2020 | 22.3 | -4.62% |
| 2019 | 23.4 | 110.33% |
| 2018 | 11.1 | 4.52% |
| 2017 | 10.6 | -26.69% |
| 2016 | 14.5 | 810.78% |
| 2015 | 1.59 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 The RMR Group
RMR | 6.35 | 0.00% | 🇺🇸 USA |
 Jones Lang LaSalle JLL | 38.1 | 500.23% | 🇺🇸 USA |
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.