P/E ratio for Allied Properties REIT (AP-UN.TO)
P/E ratio as of March 2023 (TTM): 6.83
According to Allied Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.82907. At the end of 2021 the company had a P/E ratio of 12.6.
P/E ratio history for Allied Properties REIT from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.6 | 35.01% |
| 2020 | 9.36 | 0.58% |
| 2019 | 9.31 | 17.21% |
| 2018 | 7.94 | -23.2% |
| 2017 | 10.3 | 15.33% |
| 2016 | 8.97 | -8.05% |
| 2015 | 9.75 | -44.36% |
| 2014 | 17.5 | 91.93% |
| 2013 | 9.13 | 79.85% |
| 2012 | 5.08 | -32.33% |
| 2011 | 7.50 | -83.97% |
| 2010 | 46.8 | 20.76% |
| 2009 | 38.8 | 36.84% |
| 2008 | 28.3 |
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.