P/E ratio for Red Robin (RRGB)
P/E ratio as of June 2024 (TTM): -2.38
According to Red Robin 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.37846. 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 | -5.18 | 453.21% |
| 2020 | -0.9367 | |
| 2011 | 20.5 | -55.08% |
| 2010 | 45.7 | 193.48% |
| 2009 | 15.6 | 57.22% |
| 2008 | 9.90 | -43.06% |
| 2007 | 17.4 | -13.19% |
| 2006 | 20.0 | -33.97% |
| 2005 | 30.3 | -17.17% |
| 2004 | 36.6 | 23.8% |
| 2003 | 29.6 | 62.54% |
| 2002 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Darden Restaurants
DRI | 18.3 | -867.52% | 🇺🇸 USA |
 Texas Roadhouse
TXRH | 39.4 | -1,758.57% | 🇺🇸 USA |
 Denny's
DENN | 13.4 | -662.74% | 🇺🇸 USA |
 Chuy's
CHUY | 18.0 | -855.64% | 🇺🇸 USA |
 BJ's Restaurants
BJRI | 52.5 | -2,306.37% | 🇺🇸 USA |
 Brinker International
EAT | 22.1 | -1,029.09% | 🇺🇸 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.