Dream Industrial REIT
DIR-UN.TO
#3476
Rank
$2.35 B
Marketcap
$9.21
Share price
2.15%
Change (1 day)
-30.02%
Change (1 year)

P/E ratio for Dream Industrial REIT (DIR-UN.TO)

P/E ratio as of November 2022 (TTM): 3.34

According to Dream Industrial REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.3369. At the end of 2021 the company had a P/E ratio of 6.10.

P/E ratio history for Dream Industrial REIT from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.10-44.66%
202011.012.23%
20199.8378.83%
20185.50-73.34%
201720.6-108.36%
2016-247-1655.53%
201515.977.52%
20148.93

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.