P/E ratio for Reading International (RDI)
P/E ratio as of April 2024 (TTM): -1.14
According to Reading International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.14483. At the end of 2022 the company had a P/E ratio of -1.69.
P/E ratio history for Reading International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.69 | -161.04% |
| 2021 | 2.77 | -264.81% |
| 2020 | -1.68 | -82% |
| 2019 | -9.33 | -140.4% |
| 2018 | 23.1 | 85.19% |
| 2017 | 12.5 | -69.22% |
| 2016 | 40.5 | 202.65% |
| 2015 | 13.4 | 8.96% |
| 2014 | 12.3 | -36.07% |
| 2013 | 19.2 | -112.78% |
| 2012 | -150 | -1623.76% |
| 2011 | 9.86 | -209.34% |
| 2010 | -9.02 | -160.12% |
| 2009 | 15.0 | -385.53% |
| 2008 | -5.25 | -95.27% |
| 2007 | -111 | -328.45% |
| 2006 | 48.6 | -68.81% |
| 2005 | 156 | -826.82% |
| 2004 | -21.4 | 1.39% |
| 2003 | -21.1 | 96.17% |
| 2002 | -10.8 | 36.86% |
| 2001 | -7.88 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AMC Entertainment AMC | -0.5808 | -49.26% | 🇺🇸 USA |
 Marcus Corporation
MCS | 61.6 | -5,479.98% | 🇺🇸 USA |
 Cinemark Theatres
CNK | -253 | 21,999.35% | 🇺🇸 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.