Preferred Apartment Communities
APTS
#4695
Rank
C$2.25 B
Marketcap
$34.77
Share price
0.08%
Change (1 day)
75.86%
Change (1 year)

P/E ratio for Preferred Apartment Communities (APTS)

P/E ratio on November 25, 2022 (TTM): -10.0

According to Preferred Apartment Communities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.0402. At the end of 2021 the company had a P/E ratio of -6.95.

P/E ratio history for Preferred Apartment Communities from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-6.95562.7%
2020-1.05-78.44%
2019-4.86-62.31%
2018-12.9-39.49%
2017-21.3201.65%
2016-7.07-48.14%
2015-13.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
> 1000-65,282.96%๐Ÿ‡บ๐Ÿ‡ธ USA
53.6-633.45%๐Ÿ‡บ๐Ÿ‡ธ USA
-109 980.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-173 1,619.45%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.