RDDT
Price:
$113.23
Market Cap:
$20.89B
Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California. Reddit, Inc. operates as a subsidiary of Advance Publications, Inc.
Industry
Internet Content & Information
IPO Date
2024-03-21
Stock Exchange
NYSE
Ticker
RDDT
According to Reddit, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 22.69. This represents a change of -31.34% compared to the average of 33.05 of the last 4 quarters.
The mean historical PE Ratio of Reddit, Inc. over the last ten years is -32.33. The current 22.69 PE Ratio has changed -7117.17% with respect to the historical average. Over the past ten years (40 quarters), RDDT's PE Ratio was at its highest in in the March 2025 quarter at 182.49. The PE Ratio was at its lowest in in the June 2024 quarter at -270.98.
Average
-32.33
Median
-32.84
Minimum
-49.10
Maximum
-18.21
Discovering the peaks and valleys of Reddit, Inc. 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 = 80.32%
Maximum Annual PE Ratio = -18.21
Minimum Annual Increase = -50.44%
Minimum Annual PE Ratio = -49.10
Year | PE Ratio | Change |
---|---|---|
2024 | -49.10 | 49.49% |
2023 | -32.84 | 80.32% |
2022 | -18.21 | -10.66% |
2021 | -20.39 | -50.44% |
The current PE Ratio of Reddit, Inc. (RDDT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-33.38
5-year avg
-32.33
10-year avg
-32.33
Reddit, Inc.’s PE Ratio is
Company | PE Ratio | Market cap |
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