Rivian
RIVN
#1588
Rank
ยฃ8.47 B
Marketcap
ยฃ8.30
Share price
-4.17%
Change (1 day)
-37.29%
Change (1 year)

P/E ratio for Rivian (RIVN)

P/E ratio as of November 2024 (TTM): -1.64

According to Rivian's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.63524. At the end of 2022 the company had a P/E ratio of -2.49.

P/E ratio history for Rivian from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-2.49-86.68%
2021-18.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
96.3-5,990.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.50-8.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.54 55.29%๐Ÿ‡จ๐Ÿ‡ณ China

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.