Rimini Price Earnings Ratio from 2010 to 2024

RMNI Stock  USD 2.17  0.12  5.85%   
Rimini Street's Price Earnings Ratio is increasing with slightly volatile movements from year to year. Price Earnings Ratio is estimated to finish at 11.74 this year. For the period between 2010 and 2024, Rimini Street, Price Earnings Ratio quarterly trend regression had mean deviation of  49.56 and range of 162. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
11.17727887
Current Value
11.74
Quarterly Volatility
54.3492246
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rimini Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rimini Street's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 7.2 M or Selling General Administrative of 52.9 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0283 or Days Sales Outstanding of 138. Rimini financial statements analysis is a perfect complement when working with Rimini Street Valuation or Volatility modules.
  
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

Latest Rimini Street's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Rimini Street over the last few years. It is Rimini Street's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rimini Street's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Rimini Price Earnings Ratio Regression Statistics

Arithmetic Mean(35.83)
Geometric Mean22.88
Coefficient Of Variation(151.68)
Mean Deviation49.56
Median(5.14)
Standard Deviation54.35
Sample Variance2,954
Range162
R-Value0.52
Mean Square Error2,318
R-Squared0.27
Significance0.05
Slope6.33
Total Sum of Squares41,354

Rimini Price Earnings Ratio History

2024 11.74
2023 11.18
2022 -134.69
2021 6.69
2020 27.24
2019 14.62
2018 -4.65

About Rimini Street Financial Statements

Investors use fundamental indicators, such as Rimini Street's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Rimini Street's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Price Earnings Ratio 11.18  11.74 

Currently Active Assets on Macroaxis

When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out the analysis of Rimini Street Correlation against competitors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.83)
Earnings Share
(0.38)
Revenue Per Share
4.734
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0689
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.