Paramount Group
PGRE
#5138
Rank
A$1.73 B
Marketcap
$7.21
Share price
-1.23%
Change (1 day)
-10.64%
Change (1 year)

P/E ratio for Paramount Group (PGRE)

P/E ratio as of September 2024 (TTM): -11.5

According to Paramount Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.4762. At the end of 2022 the company had a P/E ratio of -36.7.

P/E ratio history for Paramount Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-36.7-60.36%
2021-92.723.01%
2020-75.3-13.41%
2019-87.0-130.87%
2018282560.73%
201742.7-113.52%
2016-316-65.13%
2015-905-617.78%
2014175

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-6.43-43.93%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-248.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.22-28.40%๐Ÿ‡บ๐Ÿ‡ธ USA
18.8-263.72%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.