City Office REIT
CIO
#5526
Rank
$0.38 B
Marketcap
$9.20
Share price
-1.08%
Change (1 day)
-50.32%
Change (1 year)

P/E ratio for City Office REIT (CIO)

P/E ratio as of October 2022 (TTM): 0.8848

According to City Office REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.884837. At the end of 2021 the company had a P/E ratio of 1.80.

P/E ratio history for City Office REIT from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20211.80
2019-96.6-929.1%
201811.6-104.48%
2017-260472.95%
2016-45.497.61%
2015-23.0-91.48%
2014-270

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.