P/E ratio for City Office REIT (CIO)
P/E ratio as of April 2024 (TTM): -10.2
According to City Office REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.2292. At the end of 2022 the company had a P/E ratio of 45.7.
P/E ratio history for City Office REIT from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 45.7 | 2440.67% |
| 2021 | 1.80 | -101.11% |
| 2020 | -163 | 68.61% |
| 2019 | -96.6 | -929.1% |
| 2018 | 11.6 | -104.48% |
| 2017 | -260 | 472.95% |
| 2016 | -45.4 | 97.61% |
| 2015 | -23.0 | -91.51% |
| 2014 | -271 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 HASI (Hannon Armstrong) HASI | 45.5 | -544.89% | 🇺🇸 USA |
 New Senior Investment Group SNR | N/A | N/A | 🇺🇸 USA |
 Summit Hotel Properties INN | -28.5 | 178.61% | 🇺🇸 USA |
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.