Carrols Restaurant Group
TAST
#6003
Rank
$0.50 B
Marketcap
$9.54
Share price
0.00%
Change (1 day)
83.82%
Change (1 year)

P/E ratio for Carrols Restaurant Group (TAST)

P/E ratio as of June 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%
2020-10.19.19%
2019-9.28-118.85%
201849.2-51.41%
2017101570.57%
201615.1-111.58%
2015-1301968.65%
2014-6.31-43.77%
2013-11.255.94%
2012-7.19-132.32%
201122.364.93%
201013.592.73%
20097.0052.96%
20084.58-66.56%
200713.7-8.64%
200615.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.0-171.35%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-157.14%๐Ÿ‡บ๐Ÿ‡ธ USA
7.84-125.48%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-137.88% Uruguay

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.