Rieter Holding
RIEN.SW
#6958
Rank
HK$4.56 B
Marketcap
HK$33.59
Share price
0.15%
Change (1 day)
-95.49%
Change (1 year)

P/E ratio for Rieter Holding (RIEN.SW)

P/E ratio at the end of 2024: 350

According to Rieter Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1724. At the end of 2024 the company had a P/E ratio of 350.

P/E ratio history for Rieter Holding from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024350632.97%
202347.7-87.01%
202236761.07%
2021228-640.29%
2020-42.2-138.99%
2019108-33.79%
2018164-76.78%
2017704322.64%
201616715.39%
201514423.26%
2014117-33.64%
2013177-4.99%
2012186961.42%
201117.5-94.08%
2010296-1268.75%
2009-25.3182.14%
2008-8.97-115.1%
200759.4-44.41%
200610734.43%
200579.543.45%
200455.4-8.33%
200360.513.83%
200253.1

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.