Red Robin
RRGB
#8973
Rank
โ‚ฌ75.45 M
Marketcap
4,78ย โ‚ฌ
Share price
1.41%
Change (1 day)
-44.25%
Change (1 year)

P/E ratio for Red Robin (RRGB)

P/E ratio as of November 2024 (TTM): -1.53

According to Red Robin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.52923. At the end of 2021 the company had a P/E ratio of -5.18.

P/E ratio history for Red Robin from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2021-5.18453.21%
2020-0.9367
201120.5-55.08%
201045.7193.48%
200915.657.22%
20089.90-43.06%
200717.4-13.19%
200620.0-33.97%
200530.3-17.17%
200436.623.8%
200329.662.54%
200218.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
39.5-2,681.34%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-1,410.99%๐Ÿ‡บ๐Ÿ‡ธ USA
50.9-3,431.11%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1-888.48%๐Ÿ‡บ๐Ÿ‡ธ USA
44.3-2,994.18%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-1,778.70%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.