RumbleON
RMBL
#7070
Rank
$0.17 B
Marketcap
$4.98
Share price
-3.68%
Change (1 day)
-54.93%
Change (1 year)

P/E ratio for RumbleON (RMBL)

P/E ratio as of June 2024 (TTM): -0.2556

According to RumbleON 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.255647. At the end of 2022 the company had a P/E ratio of -0.4004.

P/E ratio history for RumbleON from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.4004-95.31%
2021-8.54241.16%
2020-2.50514.21%
2019-0.4077-87.29%
2018-3.21-48.76%
2017-6.26

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2 17,964.44%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.