Artis REIT
AX-UN.TO
#6423
Rank
A$0.87 B
Marketcap
$8.52
Share price
-2.50%
Change (1 day)
18.63%
Change (1 year)

P/E ratio for Artis REIT (AX-UN.TO)

P/E ratio as of November 2024 (TTM): -2.61

According to Artis REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.60685. At the end of 2022 the company had a P/E ratio of -36.0.

P/E ratio history for Artis REIT from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-36.0-963.27%
20214.17-98.43%
20202671490.04%
201916.861.44%
201810.45.29%
20179.86-48.76%
201619.2-311.97%
2015-9.08-187.07%
201410.42.44%
201310.2108.9%
20124.8741.05%
20113.45-87.97%
201028.7-170.66%
2009-40.615.96%
2008-35.0-151.2%
200768.5

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.