P/E ratio for Alexander's (ALX)
P/E ratio as of June 2024 (TTM): 11.0
According to Alexander's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.9569. At the end of 2023 the company had a P/E ratio of 10.7.
P/E ratio history for Alexander's from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 10.7 | -45.38% |
| 2022 | 19.6 | 95.2% |
| 2021 | 10.0 | -69.69% |
| 2020 | 33.1 | 18.09% |
| 2019 | 28.0 | -40.24% |
| 2018 | 46.9 | 86.42% |
| 2017 | 25.1 | -0.37% |
| 2016 | 25.2 | -1.94% |
| 2015 | 25.7 | -22.2% |
| 2014 | 33.1 | 11.07% |
| 2013 | 29.8 | 1062.24% |
| 2012 | 2.56 | -89.23% |
| 2011 | 23.8 | -25.76% |
| 2010 | 32.1 | 173.99% |
| 2009 | 11.7 | -32.02% |
| 2008 | 17.2 | 7.59% |
| 2007 | 16.0 | -156.87% |
| 2006 | -28.1 | -287.66% |
| 2005 | 15.0 | -147.11% |
| 2004 | -31.8 | -9.63% |
| 2003 | -35.2 | -353.5% |
| 2002 | 13.9 | 33.97% |
| 2001 | 10.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 21.1 | 92.38% | 🇺🇸 USA |
 Costco COST | 67.8 | 519.19% | 🇺🇸 USA |
 The Container Store TCS | -0.1241 | -101.13% | 🇺🇸 USA |
 Gap Inc.
GPS | 84.9 | 674.82% | 🇺🇸 USA |
 Kohl's
KSS | -23.5 | -314.57% | 🇺🇸 USA |
 TJX Companies TJX | 32.1 | 192.91% | 🇺🇸 USA |
 Bed Bath & Beyond BBBY | -0.0049 | -100.05% | 🇺🇸 USA |
 Burlington Stores BURL | 58.8 | 436.57% | 🇺🇸 USA |
How to read a P/E ratio?
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.