Rimini Street
RMNI
#8203
Rank
$0.16 B
Marketcap
$1.81
Share price
0.00%
Change (1 day)
-16.20%
Change (1 year)

P/E ratio for Rimini Street (RMNI)

P/E ratio as of October 2024 (TTM): 14.0

According to Rimini Street's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0385. At the end of 2022 the company had a P/E ratio of -163.

P/E ratio history for Rimini Street from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-163-1576.34%
202111.1-149.91%
2020-22.2-23.71%
2019-29.0621.65%
2018-4.02-24.17%
2017-5.3123.36%
2016-4.30

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-428.96%๐Ÿ‡บ๐Ÿ‡ธ 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.