Reason: Acquired by Darden Restaurants, Inc.
Last recorded trade on: August 16, 2023
Source: https://investor.darden.com/news/news-details/2023/Darden-Restaurants-Completes-Acquisition-of-Ruths-Hospitality-Group/default.aspx
P/E ratio for Ruth's Hospitality Group (RUTH)
P/E ratio on August 16, 2023 (TTM): 17.8
According to Ruth's Hospitality Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7603. At the end of 2022 the company had a P/E ratio of 13.2.
P/E ratio history for Ruth's Hospitality Group from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.2 | -17.56% |
| 2021 | 16.0 | -175.13% |
| 2020 | -21.4 | -244.24% |
| 2019 | 14.8 | -8.78% |
| 2018 | 16.2 | -25.01% |
| 2017 | 21.7 | 13.57% |
| 2016 | 19.1 | 5.37% |
| 2015 | 18.1 | -43.32% |
| 2014 | 31.9 | 43.74% |
| 2013 | 22.2 | -280.19% |
| 2012 | -12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Red Robin
RRGB | -1.55 | -108.74% | 🇺🇸 USA |
 Dine Brands Global DIN | 6.57 | -63.02% | 🇺🇸 USA |
 Darden Restaurants
DRI | 22.8 | 28.21% | 🇺🇸 USA |
 Bloomin' Brands BLMN | -323 | -1,916.79% | 🇺🇸 USA |
 Texas Roadhouse
TXRH | 28.8 | 61.99% | 🇺🇸 USA |
 Biglari BH | -15.1 | -184.97% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 39.1 | 120.29% | 🇺🇸 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.