Choice Properties REIT
CHP-UN.TO
#1711
Rank
$7.79 B
Marketcap
$10.78
Share price
-0.20%
Change (1 day)
-6.18%
Change (1 year)

P/E ratio for Choice Properties REIT (CHP-UN.TO)

P/E ratio as of December 2022 (TTM): 6.97

According to Choice Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.96723. At the end of 2021 the company had a P/E ratio of 476.

P/E ratio history for Choice Properties REIT from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214762234.73%
202020.4-223.55%
2019-16.5-260.06%
201810.3-24.61%
201713.7-155%
2016-24.9-19.58%
2015-30.9-250.69%
201420.548.05%
201313.9

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.