P/E of Rimini Street, Inc.

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Price to earnings ratio is the ratio of a company's stock price to the company's earnings per share calculated over trailing twelve months.

The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.

Rimini Street, Inc. logo

Rimini Street, Inc. provides enterprise software support products and services to companies in various industries. The company offers support services for IBM, Microsoft, SAP, Oracle, and other enterprise software vendors' products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was founded in 2005 and is based in Las Vegas, Nevada with additional locations in California, New York, Australia, Brazil, China, France, Germany, India, Singapore, Sweden, Taiwan, and United Kingdom.

  • Rimini Street, Inc., 3993 Howard Hughes Parkway, Las Vegas 89169, United States
  • riministreet.com
  • 702-839-9671

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