Alexander's
ALX
#5614
Rank
A$1.59 B
Marketcap
$311.42
Share price
1.65%
Change (1 day)
-8.84%
Change (1 year)

P/E ratio for Alexander's (ALX)

P/E ratio as of January 2025 (TTM): 9.79

According to Alexander's's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.79037. At the end of 2023 the company had a P/E ratio of 10.7.

P/E ratio history for Alexander's from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202310.7-45.38%
202219.695.2%
202110.0-69.69%
202033.118.09%
201928.0-40.24%
201846.986.42%
201725.1-0.37%
201625.2-1.94%
201525.7-22.2%
201433.111.07%
201329.81062.24%
20122.56-89.23%
201123.8-25.76%
201032.1173.99%
200911.7-32.02%
200817.27.59%
200716.0-156.87%
2006-28.1-287.66%
200515.0-147.11%
2004-31.8-9.63%
2003-35.2-353.5%
200213.933.97%
200110.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
75.2 667.66%๐Ÿ‡บ๐Ÿ‡ธ USA
70.7 622.61%๐Ÿ‡บ๐Ÿ‡ธ USA
26.1 166.29%๐Ÿ‡บ๐Ÿ‡ธ USA
35.8 265.22%๐Ÿ‡บ๐Ÿ‡ธ USA
12.1 23.46%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0049-100.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.5902-106.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.9-232.18%๐Ÿ‡บ๐Ÿ‡ธ 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.