P/E ratio for Allied Properties REIT (AP-UN.TO)
P/E ratio as of April 2024 (TTM): 18.9
According to Allied Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8755. At the end of 2022 the company had a P/E ratio of 8.97.
P/E ratio history for Allied Properties REIT from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.97 | 7004.13% |
| 2021 | 0.1263 | -98.65% |
| 2020 | 9.39 | 1.32% |
| 2019 | 9.27 | 14.56% |
| 2018 | 8.09 | -21.78% |
| 2017 | 10.3 | 15.33% |
| 2016 | 8.97 | -7.42% |
| 2015 | 9.68 | -44.65% |
| 2014 | 17.5 | 87.98% |
| 2013 | 9.31 | 83.6% |
| 2012 | 5.07 | -31.62% |
| 2011 | 7.41 | -10.49% |
| 2010 | 8.28 | -78.59% |
| 2009 | 38.7 | 34.21% |
| 2008 | 28.8 |
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.