Rivian
RIVN
#1496
Rank
$11.17 B
Marketcap
$11.43
Share price
0.97%
Change (1 day)
-27.47%
Change (1 year)

P/E ratio for Rivian (RIVN)

P/E ratio as of March 2024 (TTM): -1.75

According to Rivian's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.74961. At the end of 2022 the company had a P/E ratio of -2.49.

P/E ratio history for Rivian from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.49-86.68%
2021-18.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
59.2-3,483.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.19 82.21%๐Ÿ‡จ๐Ÿ‡ณ China
-2.31 31.90%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.