RiverNorth Opportunities Fund Overview
RiverNorth Opportunities Fund (RIV) has a P/E ratio of 6.13, below the sector sector average of 47.3.
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+ Follow6.13
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, RIV shows a P/E ratio of 6.13. That is below the sector sector average of 47.3. Scroll down for historical charts and peer comparison views.
The its sector sector average P/E ratio is about 47.3. RiverNorth Opportunities Fund is at 6.13, which is lower that average. That is roughly 87.0% below the sector mean. Use the comparison chart on this page to see how RIV stacks up against individual peers as well.
Investors watch RIV's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. RiverNorth Opportunities Fund's latest reading is 6.13. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has RiverNorth Opportunities Fund's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 6.13) with ownership activity and broader fundamentals.
