P/E ratio for Ruth's Hospitality Group (RUTH)
P/E ratio as of April 2024 (TTM): 17.8
According to Ruth's Hospitality Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7603. At the end of 2022 the company had a P/E ratio of 13.2.
P/E ratio history for Ruth's Hospitality Group from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.2 | -17.56% |
| 2021 | 16.0 | -175.13% |
| 2020 | -21.4 | -244.24% |
| 2019 | 14.8 | -8.78% |
| 2018 | 16.2 | -25.01% |
| 2017 | 21.7 | 13.57% |
| 2016 | 19.1 | 5.37% |
| 2015 | 18.1 | -43.32% |
| 2014 | 31.9 | 43.74% |
| 2013 | 22.2 | -280.19% |
| 2012 | -12.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Darden Restaurants
DRI | 19.3 | 8.73% | 🇺🇸 USA |
 Texas Roadhouse
TXRH | 35.9 | 101.98% | 🇺🇸 USA |
 Red Robin
RRGB | -2.00 | -111.26% | 🇺🇸 USA |
 Bloomin' Brands BLMN | 9.62 | -45.84% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 48.7 | 174.30% | 🇺🇸 USA |
 Dine Brands Global DIN | 9.40 | -47.09% | 🇺🇸 USA |
 Biglari BH | 2.70 | -84.81% | 🇺🇸 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.