P/E ratio for CapitaLand Ascott Trust (HMN.SI)
P/E ratio as of April 2024 (TTM): 10.1
According to CapitaLand Ascott Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0729. At the end of 2018 the company had a P/E ratio of 18.0.
P/E ratio history for CapitaLand Ascott Trust from 2009 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 18.0 | 31.56% |
| 2017 | 13.7 | -1.3% |
| 2016 | 13.9 | 16.52% |
| 2015 | 11.9 | -22.95% |
| 2014 | 15.4 | 107.08% |
| 2013 | 7.46 | -22.94% |
| 2012 | 9.68 | 61.23% |
| 2011 | 6.00 | -0.3% |
| 2010 | 6.02 | -117.13% |
| 2009 | -35.1 |
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.