P/E ratio for Alpine Income Property Trust (PINE)
P/E ratio as of May 2024 (TTM): 26.3
According to Alpine Income Property Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.2759. At the end of 2022 the company had a P/E ratio of 7.66.
P/E ratio history for Alpine Income Property Trust from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.66 | -65.59% |
| 2021 | 22.3 | -81.94% |
| 2020 | 123 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Office Properties Income Trust OPI | -4.74 | -118.04% | 🇺🇸 USA |
 One Liberty Properties OLP | 17.5 | -33.34% | 🇺🇸 USA |
 Omega Healthcare
OHI | 30.4 | 15.54% | 🇺🇸 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.