What is the price-to-earnings ratio of Rimini Street?
The price-earnings ratio of Rimini Street is currently 6.86.
Rimini Street P/E 2024
Rimini Street P/E
6.86
Ticker
RMNI
ISIN
US76674Q1076
WKN
A2GSYB
As of Jul 27, 2024, Rimini Street's P/E ratio was 6.86, a -52.69% change from the 14.5 P/E ratio recorded in the previous year.
The Rimini Street P/E history
Rimini Street Aktienanalyse
What does Rimini Street do?
Rimini Street Inc is an American company that offers IT management services. The company was founded in 2005 and is headquartered in Las Vegas, Nevada. History The company was founded by Seth Ravin, an experienced IT expert who previously worked at PeopleSoft. Ravin was dissatisfied with the service he had received from third-party providers in the past and identified a gap in the market to provide more comprehensive support for the software applications used by companies. With this vision, Ravin founded Rimini Street to provide companies with an extended support service for their software applications. Business Model Rimini Street's business model involves providing companies with alternative maintenance and support services for enterprise software to keep them up to date when needed. By offering maintenance services for existing enterprise applications, Rimini Street can help customers avoid risks associated with outdated software applications without the need to pay the expensive upgrade costs for new versions. Rimini Street has made a name for itself by providing an alternative for customers who do not want to pay the high prices for maintenance and upgrades of their existing software applications. Segments Rimini Street specializes in a wide range of enterprise software applications and offers specialized support for product suites from Oracle, SAP, IBM, Microsoft, and other providers. Additionally, Rimini Street has expanded its range of services by introducing software support for databases, middleware, and other applications. Rimini Street places a strong emphasis on quality and has a commitment to customer satisfaction. The company utilizes advanced methods, such as integrated processes, to ensure that support and service offerings can be delivered quickly. Products Rimini Street offers a comprehensive range of products and services to help companies keep their applications up to date. Key services include: 1. Alternative maintenance and support for Oracle, SAP, IBM, and other enterprise applications 2. Support for middleware and databases 3. Upgrade support to run the latest versions of enterprise software 4. Advanced customization and extensions for companies looking to tailor their applications to their specific business requirements 5. Technical support for troubleshooting and problem-solving Summary Rimini Street Inc is an innovative company that offers alternative maintenance and support services for existing enterprise applications. The company has proven to have a strong market position as an alternative to traditional maintenance and support service providers. With its commitment to quality and its services and products that customers can be satisfied with, Rimini Street has established a strong position in the enterprise applications market. Rimini Street ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Rimini Street's P/E Ratio
The Price to Earnings (P/E) Ratio of Rimini Street is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Rimini Street's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Rimini Street is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Rimini Street’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Rimini Street stock
How has the price-earnings ratio of Rimini Street changed compared to last year?
The price-to-earnings ratio of Rimini Street has increased by -52.69% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Rimini Street high compared to other companies?
Yes, the price-to-earnings ratio of Rimini Street is high compared to other companies.
How does an increase in the price-earnings ratio of Rimini Street affect the company?
An increase in the price-earnings ratio of Rimini Street would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Rimini Street affect the company?
A decrease in the price-earnings ratio of Rimini Street would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Rimini Street?
Some factors that influence the price-earnings ratio of Rimini Street are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Rimini Street pay?
Over the past 12 months, Rimini Street paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Rimini Street is expected to pay a dividend of 0 USD.
What is the dividend yield of Rimini Street?
The current dividend yield of Rimini Street is .
When does Rimini Street pay dividends?
Rimini Street pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Rimini Street?
Rimini Street paid dividends every year for the past 0 years.
What is the dividend of Rimini Street?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Rimini Street located?
Rimini Street is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Rimini Street kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Rimini Street from 7/27/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/27/2024.
When did Rimini Street pay the last dividend?
The last dividend was paid out on 7/27/2024.
What was the dividend of Rimini Street in the year 2023?
In the year 2023, Rimini Street distributed 0 USD as dividends.
In which currency does Rimini Street pay out the dividend?
The dividends of Rimini Street are distributed in USD.
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Andere Kennzahlen von Rimini Street
Our stock analysis for Rimini Street Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Rimini Street Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
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