According to Centerspace's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -50.9643. At the end of 2024 the company had a P/E ratio of -52.1.
Year | P/E ratio | Change |
---|---|---|
2024 | -52.1 | -307.63% |
2023 | 25.1 | -158.15% |
2022 | -43.1 | -84.44% |
2021 | -277 | -25.43% |
2020 | -372 | -3223.03% |
2019 | 11.9 | |
2017 | 17.2 | -42.06% |
2016 | 29.7 | |
2014 | -27.8 | -152.43% |
2013 | 53.0 | -27.17% |
2012 | 72.8 |
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.