P/E ratio for Retail Opportunity Investments (ROIC)
P/E ratio as of April 2024 (TTM): 41.7
According to Retail Opportunity Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.6897. At the end of 2022 the company had a P/E ratio of 36.7.
P/E ratio history for Retail Opportunity Investments from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.7 | -17.71% |
| 2021 | 44.5 | -6.85% |
| 2020 | 47.8 | 19.15% |
| 2019 | 40.1 | -9.01% |
| 2018 | 44.1 | -22.61% |
| 2017 | 57.0 | -13.68% |
| 2016 | 66.0 | -11.47% |
| 2015 | 74.6 | 6.61% |
| 2014 | 70.0 | 128.13% |
| 2013 | 30.7 | -64.2% |
| 2012 | 85.7 | 73.65% |
| 2011 | 49.3 | -104.98% |
| 2010 | -991 | 1766.11% |
| 2009 | -53.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dollar Tree DLTR | 22.2 | -46.79% | 🇺🇸 USA |
 Gap Inc.
GPS | 72.5 | 73.95% | 🇺🇸 USA |
 Kroger KR | 24.8 | -40.49% | 🇺🇸 USA |
 Ross Stores ROST | 27.7 | -33.44% | 🇺🇸 USA |
 TJX Companies TJX | 26.9 | -35.55% | 🇺🇸 USA |
 Bed Bath & Beyond BBBY | -0.0049 | -100.01% | 🇺🇸 USA |
 Rite Aid
RAD | -0.0219 | -100.05% | 🇺🇸 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.