According to 1-800-PetMeds 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.1875. At the end of 2023 the company had a P/E ratio of -19.2.
Year | P/E ratio | Change |
---|---|---|
2023 | -19.2 | -161.78% |
2022 | 31.1 | 32.98% |
2021 | 23.4 | 12.35% |
2020 | 20.8 | 10.64% |
2019 | 18.8 | 64.22% |
2018 | 11.5 | -56.94% |
2017 | 26.6 | 24.56% |
2016 | 21.4 | 24.63% |
2015 | 17.1 | 2.58% |
2014 | 16.7 | -8.57% |
2013 | 18.3 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Rite Aid
RAD | -0.0219 | -100.10% | ๐บ๐ธ USA |
![]() CVS Health CVS | 14.2 | -36.00% | ๐บ๐ธ USA |
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.