Shake Shack
SHAK
#2672
Rank
NZ$8.80 B
Marketcap
$207.15
Share price
-2.05%
Change (1 day)
104.28%
Change (1 year)

P/E ratio for Shake Shack (SHAK)

P/E ratio as of November 2024 (TTM): > 1000

According to Shake Shack 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2040.33. At the end of 2022 the company had a P/E ratio of -68.1.

P/E ratio history for Shake Shack from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-68.1-78.3%
2021-314318.17%
2020-75.0-181.87%
201991.68.96%
201884.1-115.58%
2017-540-914.75%
201666.3-230.55%
2015-50.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.2-98.77%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6-98.55%๐Ÿ‡บ๐Ÿ‡ธ USA
19.2-99.06%๐Ÿ‡บ๐Ÿ‡ธ 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.