P/E ratio for Centerspace (CSR)
P/E ratio as of April 2024 (TTM): 22.9
According to Centerspace's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.9194. At the end of 2022 the company had a P/E ratio of -43.1.
P/E ratio history for Centerspace from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -43.1 | -84.44% |
| 2021 | -277 | -25.43% |
| 2020 | -372 | -3223.03% |
| 2019 | 11.9 | |
| 2017 | 17.2 | -42.06% |
| 2016 | 29.7 | 2.59% |
| 2015 | 29.0 | -204.25% |
| 2014 | -27.8 | -152.43% |
| 2013 | 53.0 | -27.17% |
| 2012 | 72.8 | 49.49% |
| 2011 | 48.7 | -45.75% |
| 2010 | 89.7 | -30.23% |
| 2009 | 129 | 68.07% |
| 2008 | 76.5 | 87.63% |
| 2007 | 40.8 | -0.65% |
| 2006 | 41.0 | -28.86% |
| 2005 | 57.7 | 59.48% |
| 2004 | 36.2 | 24.23% |
| 2003 | 29.1 | 13.79% |
| 2002 | 25.6 | 14.34% |
| 2001 | 22.4 |
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.