P/E ratio for The ONE Group Hospitality (STKS)
P/E ratio as of June 2024 (TTM): 19.4
According to The ONE Group Hospitality's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4444. At the end of 2022 the company had a P/E ratio of 15.4.
P/E ratio history for The ONE Group Hospitality from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.4 | 19.71% |
| 2021 | 12.8 | -252.64% |
| 2020 | -8.41 | -268.64% |
| 2019 | 4.99 | -80.51% |
| 2018 | 25.6 | -281.97% |
| 2017 | -14.1 | 317.97% |
| 2016 | -3.36 | -132.78% |
| 2015 | 10.3 | -62.21% |
| 2014 | 27.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Darden Restaurants
DRI | 18.3 | -6.12% | 🇺🇸 USA |
 Ruth's Hospitality Group RUTH | 17.8 | -8.66% | 🇺🇸 USA |
 Bloomin' Brands BLMN | 7.48 | -61.51% | 🇺🇸 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.