P/E ratio for Plymouth Industrial REIT (PLYM)
P/E ratio as of March 2025 (TTM): -140
According to Plymouth Industrial REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -140.417. At the end of 2022 the company had a P/E ratio of -28.2.
P/E ratio history for Plymouth Industrial REIT from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -28.2 | -17.15% |
| 2021 | -34.0 | 251.77% |
| 2020 | -9.68 | 77.34% |
| 2019 | -5.46 | 158.35% |
| 2018 | -2.11 | -59.55% |
| 2017 | -5.22 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -0.8885 | -99.37% | 🇺🇸 USA |
 | 19.7 | -114.02% | 🇺🇸 USA |
 | 37.0 | -126.33% | 🇺🇸 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.