American Funds The New Economy Fund Class R-2E

American Funds The New Economy Fund Class R-2Everified

RNNEX

Price:

$77.95

Market Cap:

$49.95B

The American Funds The New Economy Fund Class R-2E primarily seeks capital appreciation by investing in common equities. Its investment adviser identifies companies deemed to have robust growth prospects. Specifically, the fund targets firms poised to capitalize on innovation, leverage emerging technologies, or offer solutions that address the evolving demands of the global economy. A significant portion, up to 50% of its total assets, may be allocated to international issuers, encompassing those in developing nations.

Industry

Asset Management

IPO Date

2014-08-29

Stock Exchange

NASDAQ

Ticker

RNNEX

The PE Ratio as of June 2026 (TTM) for American Funds The New Economy Fund Class R-2E (RNNEX) is 32.77

According to American Funds The New Economy Fund Class R-2E’s latest financial reports and current stock price. The company's current PE Ratio is 32.77. This represents a change of Infinity% compared to the average of 0 of the last 4 quarters.

American Funds The New Economy Fund Class R-2E (RNNEX) Historical PE Ratio (quarterly & annually)

How has RNNEX PE Ratio performed in the past?

The mean historical PE Ratio of American Funds The New Economy Fund Class R-2E over the last ten years is 0. The current 32.77 PE Ratio has changed Infinity% with respect to the historical average. Over the past ten years (40 quarters), RNNEX's PE Ratio was at its highest in in the March 2014 quarter at 0. The PE Ratio was at its lowest in in the March 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

0

Median

0

Minimum

0

Maximum

0

American Funds The New Economy Fund Class R-2E (RNNEX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of American Funds The New Economy Fund Class R-2E PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = 0

Minimum Annual Increase = 0%

Minimum Annual PE Ratio = 0

Quarterly (TTM)
Annual
YearPE RatioChange
202300%
202200%
202100%
202000%
201900%
201800%
201700%
201600%
201500%
201400%

American Funds The New Economy Fund Class R-2E (RNNEX) Average PE Ratio

How has RNNEX PE Ratio performed in the past?

The current PE Ratio of American Funds The New Economy Fund Class R-2E (RNNEX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0

5-year avg

0

10-year avg

0

American Funds The New Economy Fund Class R-2E (RNNEX) PE Ratio vs. Peers

How is RNNEX’s PE Ratio compared to its peers?

American Funds The New Economy Fund Class R-2E’s PE Ratio is greater than American Funds New Economy Fund Cl F-1 Shs (0), greater than T. Rowe Price Capital Appreciation Fund I Class (0), greater than Putnam Large Cap Value Fund Class A (0), greater than T. Rowe Price Capital Appreciation Fund Advisor Class (0), greater than American Funds 2045 Target Date Retirement Fd Cl F-1 (0), greater than American Funds 2045 Trgt Date Retire A (0), greater than American Funds 2045 Target Date Retirement Fund Class R-2 (0), greater than T. Rowe Price Large-Cap Growth Fund I Class (0), greater than American Funds 2050 Target Date Retirment Fd Cl F-1 (0), greater than American Funds 2050 Target Date Retirement Fund Class R-6 (0),

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Frequently asked questions❓

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