P/E ratio for Shake Shack (SHAK)
P/E ratio as of April 2024 (TTM): > 1000
According to Shake Shack 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1689.67. At the end of 2022 the company had a P/E ratio of -68.1.
P/E ratio history for Shake Shack from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -68.1 | -78.3% |
| 2021 | -314 | 318.17% |
| 2020 | -75.0 | -181.87% |
| 2019 | 91.6 | 8.96% |
| 2018 | 84.1 | -115.58% |
| 2017 | -540 | -914.75% |
| 2016 | 66.3 | -230.55% |
| 2015 | -50.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Yum! Brands YUM | 26.5 | -98.43% | 🇺🇸 USA |
 Wendy’s Company WEN | 21.1 | -98.75% | 🇺🇸 USA |
 Domino's Pizza DPZ | 34.1 | -97.98% | 🇺🇸 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.