Canadian Apartment Properties REIT
CAR-UN.TO
#2141
Rank
$5.73 B
Marketcap
$32.92
Share price
1.29%
Change (1 day)
-28.26%
Change (1 year)

P/E ratio for Canadian Apartment Properties REIT (CAR-UN.TO)

P/E ratio as of November 2022 (TTM): 145

According to Canadian Apartment Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 144.595. At the end of 2021 the company had a P/E ratio of 7.42.

P/E ratio history for Canadian Apartment Properties REIT from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20217.42-19.87%
20209.2631.3%
20197.0536.22%
20185.18-14.62%
20176.06-35.05%
20169.34-6.88%
201510.015.35%
20148.698.45%
20138.0150.92%
20125.31-1.67%
20115.40-70.53%
201018.3-68.51%
200958.2-119.68%
2008-2961415.69%
2007-19.5-101.36%
2006> 10002023.93%
200567.39.53%
200461.4303.25%
200315.216.02%
200213.1

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.