P/E ratio for American Assets Trust (AAT)
P/E ratio as of May 2024 (TTM): 26.2
According to American Assets Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1807. At the end of 2022 the company had a P/E ratio of 36.3.
P/E ratio history for American Assets Trust from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.3 | -53.57% |
| 2021 | 78.2 | 24.54% |
| 2020 | 62.8 | 17.63% |
| 2019 | 53.4 | -44.2% |
| 2018 | 95.6 | 55.07% |
| 2017 | 61.7 | 3.08% |
| 2016 | 59.8 | 34.18% |
| 2015 | 44.6 | -42.87% |
| 2014 | 78.1 | -5.62% |
| 2013 | 82.7 | 166.52% |
| 2012 | 31.0 | -87.9% |
| 2011 | 256 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Simon Property Group SPG | 21.4 | -18.27% | 🇺🇸 USA |
 Vornado Realty Trust
VNO | -13.2 | -150.35% | 🇺🇸 USA |
 Chimera Investment Corporation CIM | 8.53 | -67.42% | 🇺🇸 USA |
 Dynex Capital DX | 64.4 | 145.86% | 🇺🇸 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.