Rave Restaurant Group
RAVE
#6919
Rank
$33.37 M
Marketcap
$1.79
Share price
6.55%
Change (1 day)
94.57%
Change (1 year)

P/E ratio for Rave Restaurant Group (RAVE)

P/E ratio as of February 2023 (TTM): 3.89

According to Rave Restaurant Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.8913. At the end of 2021 the company had a P/E ratio of 8.42.

P/E ratio history for Rave Restaurant Group from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20218.42
2016-1.66-84.57%
2015-10.8
2012-185

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.5 350.02%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7 355.07% 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.