Washington Real Estate Investment Trust
WRE
#4767
Rank
C$2.13 B
Marketcap
$24.42
Share price
-2.12%
Change (1 day)
-29.45%
Change (1 year)

P/E ratio for Washington Real Estate Investment Trust (WRE)

P/E ratio on December 2, 2022 (TTM): -45.1

According to Washington Real Estate Investment Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.0513. At the end of 2021 the company had a P/E ratio of 136.

P/E ratio history for Washington Real Estate Investment Trust from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021136-219.51%
2020-114-1953.15%
20196.14-91.45%
201871.9-39.95%
2017120489.49%
201620.3-1.7%
201520.723.97%
201416.7-60.06%
201341.7-44.47%
201275.1
200938.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.3-153.99%๐Ÿ‡บ๐Ÿ‡ธ USA
81.9-281.78%๐Ÿ‡บ๐Ÿ‡ธ USA
32.7-172.54%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.