Reading International
RDI
#9404
Rank
NZ$67.49 M
Marketcap
$2.28
Share price
3.08%
Change (1 day)
-22.50%
Change (1 year)

P/E ratio for Reading International (RDI)

P/E ratio as of November 2024 (TTM): -0.9241

According to Reading International 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.924138. At the end of 2022 the company had a P/E ratio of -1.69.

P/E ratio history for Reading International from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.69-161.04%
20212.77-264.81%
2020-1.68-82%
2019-9.33-140.4%
201823.185.19%
201712.5-69.22%
201640.5202.65%
201513.48.96%
201412.3-36.07%
201319.2-112.78%
2012-150-1623.76%
20119.86-209.34%
2010-9.02-160.12%
200915.0-385.53%
2008-5.25-95.27%
2007-111-328.45%
200648.6-68.81%
2005156-826.82%
2004-21.41.39%
2003-21.196.17%
2002-10.836.86%
2001-7.88

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
98.5-10,758.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.7883-14.70%๐Ÿ‡บ๐Ÿ‡ธ USA
-463 50,016.22%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.