P/E ratio for Rave Restaurant Group (RAVE)
P/E ratio as of April 2024 (TTM): 21.2
According to Rave Restaurant Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2. At the end of 2022 the company had a P/E ratio of 3.51.
P/E ratio history for Rave Restaurant Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.51 | -58.28% |
| 2021 | 8.42 | -363.67% |
| 2020 | -3.19 | -88.57% |
| 2019 | -27.9 | -893.48% |
| 2018 | 3.52 | -186.79% |
| 2017 | -4.06 | 157.82% |
| 2016 | -1.57 | -85.4% |
| 2015 | -10.8 | -77.5% |
| 2014 | -47.9 | 26.63% |
| 2013 | -37.8 | -79.57% |
| 2012 | -185 | -598.91% |
| 2011 | 37.1 | 129.17% |
| 2010 | 16.2 | 87.5% |
| 2009 | 8.63 | -8.81% |
| 2008 | 9.46 | -35.67% |
| 2007 | 14.7 | -520.69% |
| 2006 | -3.50 | -86.32% |
| 2005 | -25.6 | -224.69% |
| 2004 | 20.5 | 27.95% |
| 2003 | 16.0 | 28.12% |
| 2002 | 12.5 | 76.07% |
| 2001 | 7.10 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 The ONE Group Hospitality STKS | 20.2 | -4.61% | 🇺🇸 USA |
 Arcos Dorados Holdings
ARCO | 14.1 | -33.43% | 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.