P/E ratio for Crombie Real Estate Investment Trust (CRR-UN.TO)
P/E ratio as of May 2024 (TTM): 874
According to Crombie Real Estate Investment Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 874.204. At the end of 2022 the company had a P/E ratio of 229.
P/E ratio history for Crombie Real Estate Investment Trust from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 229 | -39.08% |
| 2021 | 376 | -1294.07% |
| 2020 | -31.5 | -113.51% |
| 2019 | 233 | -421.48% |
| 2018 | -72.5 | -204.51% |
| 2017 | 69.4 | -95.31% |
| 2016 | > 1000 | -4447.25% |
| 2015 | -34.0 | -15.86% |
| 2014 | -40.4 | 29.77% |
| 2013 | -31.1 | -11.72% |
| 2012 | -35.3 | 10.2% |
| 2011 | -32.0 | -150.08% |
| 2010 | 63.9 | 117.43% |
| 2009 | 29.4 | 109.73% |
| 2008 | 14.0 | -40.06% |
| 2007 | 23.4 | -23.12% |
| 2006 | 30.4 |
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.