According to Rite Aid 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0218872. At the end of 2022 the company had a P/E ratio of -0.2023.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.2023 | -95.72% |
2021 | -4.72 | 122% |
2020 | -2.13 | 4.53% |
2019 | -2.04 | -269.15% |
2018 | 1.20 | -90.84% |
2017 | 13.1 | -87.95% |
2016 | 109 | 2652.72% |
2015 | 3.96 | -82.1% |
2014 | 22.1 | 38.08% |
2013 | 16.0 | -335.55% |
2012 | -6.80 | 159.05% |
2011 | -2.63 | 93.89% |
2010 | -1.35 | 175.25% |
2009 | -0.4919 | 231.61% |
2008 | -0.1483 | -99.1% |
2007 | -16.4 | -808.96% |
2006 | 2.31 | -72.56% |
2005 | 8.44 | -57.13% |
2004 | 19.7 | -103.26% |
2003 | -604 | 19375.92% |
2002 | -3.10 | 37.29% |
2001 | -2.26 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 9.57 | -43,806.23% | ๐บ๐ธ USA |
![]() | -14.9 | 68,036.63% | ๐บ๐ธ USA |
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.