P/E ratio for Rave Restaurant Group (RAVE)
P/E ratio as of September 2023 (TTM): 4.93
According to Rave Restaurant Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.93182. 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 |
|---|---|---|
| 2021 | 8.42 | |
| 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 |
|---|---|---|---|
 The ONE Group Hospitality STKS | 19.9 | 304.03% | 🇺🇸 USA |
 Arcos Dorados Holdings
ARCO | 11.6 | 135.36% | 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.