P/E ratio for Retail Opportunity Investments (ROIC)

P/E ratio history for Retail Opportunity Investments from 2009 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Dollar Tree DLTR	11.9	-80.19%	🇺🇸 USA
Kroger KR	26.1	-56.50%	🇺🇸 USA
Ross Stores ROST	29.9	-50.17%	🇺🇸 USA
TJX Companies TJX	34.6	-42.38%	🇺🇸 USA
Gap Inc. GAP	10.4	-82.71%	🇺🇸 USA
Rite Aid RAD	-0.0219	-100.04%	🇺🇸 USA
Bed Bath & Beyond BBBY	-0.0049	-100.01%	🇺🇸 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.