According to Retail Estates NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.92671. At the end of 2023 the company had a P/E ratio of 4.57.
Year | P/E ratio | Change |
---|---|---|
2023 | 4.57 | -29.52% |
2022 | 6.48 | -38.46% |
2021 | 10.5 | 17.66% |
2020 | 8.95 | -40.71% |
2019 | 15.1 | 28.19% |
2018 | 11.8 | -2.3% |
2017 | 12.1 | -14.71% |
2016 | 14.1 | -2.54% |
2015 | 14.5 | 39.35% |
2014 | 10.4 | 18.76% |
2013 | 8.76 | 22.23% |
2012 | 7.17 | 14.16% |
2011 | 6.28 | -27.72% |
2010 | 8.69 | 39.61% |
2009 | 6.22 | |
2007 | 5.42 | -21.56% |
2006 | 6.90 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.