Reason: Delisted for non-compliance
Last recorded trade on: August 24, 2023
Source: https://www.sec.gov/Archives/edgar/data/1509223/000110465920047840/tm2016201d1_ex99-1.htm
P/E ratio for Renren (RENN)
P/E ratio on August 24, 2023 (TTM): 1.08
According to Renren 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.07855. At the end of 2018 the company had a P/E ratio of 1.47.
P/E ratio history for Renren from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 1.47 | -123.29% |
| 2017 | -6.30 | 113.86% |
| 2016 | -2.94 | -49.59% |
| 2015 | -5.84 | -134.91% |
| 2014 | 16.7 | -17.7% |
| 2013 | 20.3 | -206.09% |
| 2012 | -19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -7.12 | -759.74% | 🇨🇳 China |
 | 15.8 | 1,369.50% | 🇨🇳 China |
 | 14.7 | 1,260.59% | 🇺🇸 USA |
 | N/A | N/A | 🇨🇳 China |
 | 8.11 | 651.57% | 🇨🇳 China |
 | 10.7 | 894.64% | 🇨🇳 China |
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.