Retail Estates NV
RET.BR
#5800
Rank
C$1.54 B
Marketcap
C$102.83
Share price
-0.62%
Change (1 day)
31.91%
Change (1 year)

P/E ratio for Retail Estates NV (RET.BR)

P/E ratio at the end of 2024: 7.01

According to Retail Estates NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.00903. At the end of 2024 the company had a P/E ratio of 7.01.

P/E ratio history for Retail Estates NV from 2006 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20247.0165.45%
20234.24-25.12%
20225.66-33.87%
20218.5526.3%
20206.77-37.48%
201910.834.43%
20188.062%
20177.90-10.92%
20168.870.42%
20158.8347.48%
20145.9925.01%
20134.7928.88%
20123.7220.83%
20113.08-22.97%
20103.9948.25%
20092.6943.54%
20081.88-10.34%
20072.09-17.94%
20062.55

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.