P/E ratio for First Capital REIT (FCR-UN.TO)
P/E ratio as of April 2024 (TTM): -11.8
According to First Capital REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.8364. At the end of 2022 the company had a P/E ratio of -22.7.
P/E ratio history for First Capital REIT from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -22.7 | -352.46% |
| 2021 | 8.98 | -99.34% |
| 2020 | > 1000 | 11760.74% |
| 2019 | 11.5 | -16.38% |
| 2018 | 13.8 | 71.99% |
| 2017 | 8.00 | -37.3% |
| 2016 | 12.8 | -36.73% |
| 2015 | 20.2 | 0.5% |
| 2014 | 20.1 | 16.69% |
| 2013 | 17.2 | 90.03% |
| 2012 | 9.05 | 70.5% |
| 2011 | 5.31 | -45.56% |
| 2010 | 9.75 | -79.66% |
| 2009 | 47.9 | 8.62% |
| 2008 | 44.1 | -28.37% |
| 2007 | 61.6 | 37.46% |
| 2006 | 44.8 | 40.26% |
| 2005 | 31.9 | -25.43% |
| 2004 | 42.8 | 153.43% |
| 2003 | 16.9 | 2.96% |
| 2002 | 16.4 |
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.