Reason: Acquired by Burger King Company
Last recorded trade on: July 18, 2024
Source: https://www.rbi.com/English/news/news-details/2024/Burger-King-Company-Completes-Acquisition-of-Carrols-Restaurant-Group/default.aspx
P/E ratio for Carrols Restaurant Group (TAST)
P/E ratio on July 18, 2024 (TTM): -30.8
According to Carrols Restaurant Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.7742. At the end of 2022 the company had a P/E ratio of -0.9128.
P/E ratio history for Carrols Restaurant Group from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.9128 | -73.48% |
| 2021 | -3.44 | -66.02% |
| 2020 | -10.1 | 9.19% |
| 2019 | -9.28 | -118.85% |
| 2018 | 49.2 | -51.41% |
| 2017 | 101 | 570.57% |
| 2016 | 15.1 | -111.58% |
| 2015 | -130 | 1968.65% |
| 2014 | -6.31 | -43.77% |
| 2013 | -11.2 | 55.94% |
| 2012 | -7.19 | -132.32% |
| 2011 | 22.3 | 64.93% |
| 2010 | 13.5 | 92.73% |
| 2009 | 7.00 | 52.96% |
| 2008 | 4.58 | -66.56% |
| 2007 | 13.7 | -8.64% |
| 2006 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 16.3 | -153.01% | 🇺🇸 USA |
 | 4.57 | -114.85% | 🇺🇸 USA |
 | 10.3 | -133.61% | Uruguay |
 | 26.6 | -186.55% | 🇺🇸 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.