Allied Properties REIT
AP-UN.TO
#4340
Rank
$1.68 B
Marketcap
$13.20
Share price
-0.28%
Change (1 day)
-36.93%
Change (1 year)

P/E ratio for Allied Properties REIT (AP-UN.TO)

P/E ratio as of February 2024 (TTM): 20.2

According to Allied Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1593. 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
20228.977004.13%
20210.1263-98.65%
20209.391.32%
20199.2714.56%
20188.09-21.78%
201710.315.33%
20168.97-7.42%
20159.68-44.65%
201417.587.98%
20139.3183.6%
20125.07-31.62%
20117.41-10.49%
20108.28-78.59%
200938.734.21%
200828.8

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.