P/E ratio for Reach plc (RCH.L)
P/E ratio at the end of 2022: 6.12
According to Reach plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 6.12.
P/E ratio history for Reach plc from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.12 | -97.94% |
| 2021 | 297 | -1984.61% |
| 2020 | -15.8 | -469.91% |
| 2019 | 4.26 | -362.81% |
| 2018 | -1.62 | -148.31% |
| 2017 | 3.35 | -25.82% |
| 2016 | 4.52 | -8.17% |
| 2015 | 4.92 | 2.32% |
| 2014 | 4.81 | -214.85% |
| 2013 | -4.19 | -152.31% |
| 2012 | 8.01 | 519.65% |
| 2011 | 1.29 | -2.73% |
| 2010 | 1.33 | -87.65% |
| 2009 | 10.8 | -591.61% |
| 2008 | -2.19 | -167.04% |
| 2007 | 3.26 | -104.16% |
| 2006 | -78.4 | -1001.84% |
| 2005 | 8.69 | -1.28% |
| 2004 | 8.80 | -90.26% |
| 2003 | 90.4 | -235.54% |
| 2002 | -66.7 | 196.48% |
| 2001 | -22.5 |
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.