Rite Aid Corporation

Rite Aid Corporationverified

RAD

Price:

$0.6483

Market Cap:

$36.76M

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and general merchandise, pet care, and a variety of other everyday and convenience products, as well as brand and generic prescription drugs; and a private brand product line. It also operates retai...[Read more]

Industry

Medical - Pharmaceuticals

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

RAD

The PE Ratio as of July 2024 (TTM) for Rite Aid Corporation (RAD) is -0.05

According to Rite Aid Corporation’s latest financial reports and current stock price. The company's current PE Ratio is -0.05. This represents a change of -87.12% compared to the average of -0.35 of the last 4 quarters.

Rite Aid Corporation (RAD) Historical PE Ratio (quarterly & annually)

How has RAD PE Ratio performed in the past?

The mean historical PE Ratio of Rite Aid Corporation over the last ten years is 146.88. The current -0.05 PE Ratio has changed -103.08% with respect to the historical average. Over the past ten years (40 quarters), RAD's PE Ratio was at its highest in in the November 2016 quarter at 136.63. The PE Ratio was at its lowest in in the May 2016 quarter at -440.22.

Quarterly (TTM)
Annual

Average

146.88

Median

0.93

Minimum

-10.50

Maximum

1.40K

Rite Aid Corporation (RAD) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Rite Aid Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.75%

Maximum Annual PE Ratio = 1.40K

Minimum Annual Increase = -186.01%

Minimum Annual PE Ratio = -10.50

Quarterly (TTM)
Annual
YearPE RatioChange
2023-0.26-72.04%
2022-0.93-91.11%
2021-10.50579.46%
2020-1.55-15.46%
2019-1.83-186.01%
20182.12-99.85%
20171.40K2.75%
201649.281.24%
20153.67-84.92%
201424.3792.56%

Rite Aid Corporation (RAD) Average PE Ratio

How has RAD PE Ratio performed in the past?

The current PE Ratio of Rite Aid Corporation (RAD) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.90

5-year avg

-3.01

10-year avg

146.88

Rite Aid Corporation (RAD) PE Ratio vs. Peers

How is RAD’s PE Ratio compared to its peers?

Rite Aid Corporation’s PE Ratio is greater than PetMed Express, Inc. (-9.68), greater than High Tide Inc. (-5.96), greater than China Jo-Jo Drugstores, Inc. (-0.13), greater than BIMI International Medical Inc. (-2.93), greater than Walgreens Boots Alliance, Inc. (-1.64), greater than TRxADE HEALTH, Inc. (-0.60), greater than MedAvail Holdings, Inc. (-0.09), greater than SunLink Health Systems, Inc. (-0.83), greater than Leafly Holdings, Inc. (-0.72),

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