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Rite Aid Price to Earning

<div class='circular--portrait' style='background:#FCD202;color: white;font-size:3em;padding-top: 40px;;'>RIT</div>
RAD -- USA Stock  

Earning Report: April 9, 2020  

Rite Aid price to earning fundamental analysis lookup allows you to check this and other indicators for Rite Aid Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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The current year Earnings before Tax is expected to grow to about 414.5 M, whereas Price to Earnings Ratio are expected to decline to 0.86.

Rite Aid Price to Earning Analysis

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well.In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Total Debt
P/E 
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Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current Rite Aid Corporation Price to Earning

0.86 
ValuationFinancialsBuy or Sell

Rite Aid Price to Earning Over Time Pattern

 Rite Aid Price to Earnings Ratio 
    
  Timeline 

About Price to Earning

Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Compare to competition

Rite Aid Price to Earning Related Assessment

Accumulated Retained Earnings Deficit
Based on latest financial disclosure the price to earning indicator of Rite Aid Corporation is roughly 0.86 times. This is 96.67% lower than that of the Healthcare sector, and significantly higher than that of Pharmaceutical Retailers industry, The Price to Earning for all stocks is 97.01% higher than the company.

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Rite Aid Fundamentals

Current Sentiment - RAD

Rite Aid Investor Sentiment

Predominant part of Macroaxis users are at this time bullish on Rite Aid Corporation. What is your perspective on investing in Rite Aid Corporation? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Additionally, take a look at Rite Aid Piotroski F Score and Rite Aid Altman Z Score analysis. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.


 
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