P/E ratio for Renren (RENN)
P/E ratio as of September 2023 (TTM): 1.08
According to Renren 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.07855. At the end of 2018 the company had a P/E ratio of 1.47.
P/E ratio history for Renren from 2012 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 1.47 | -123.29% |
| 2017 | -6.30 | 113.86% |
| 2016 | -2.94 | -42.39% |
| 2015 | -5.11 | -130.54% |
| 2014 | 16.7 | -5.8% |
| 2013 | 17.8 | -192.68% |
| 2012 | -19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Meta (Facebook) FB | 14.7 | 1,260.59% | 🇺🇸 USA |
 Weibo WB | 9.31 | 763.25% | 🇨🇳 China |
 Sohu.com SOHU | -4.97 | -561.26% | 🇨🇳 China |
 JOYY YY | 9.16 | 749.73% | 🇨🇳 China |
 51job JOBS | N/A | N/A | 🇨🇳 China |
 Baidu BIDU | 21.4 | 1,879.73% | 🇨🇳 China |
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.