First Industrial Realty Trust
FR
#1972
Rank
$5.96 B
Marketcap
$45.18
Share price
-1.93%
Change (1 day)
-15.69%
Change (1 year)

P/E ratio for First Industrial Realty Trust (FR)

P/E ratio as of October 2022 (TTM): 16.1

According to First Industrial Realty Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1357. At the end of 2021 the company had a P/E ratio of 29.3.

P/E ratio history for First Industrial Realty Trust from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202129.36.38%
202027.524.71%
201922.1
201533.0-32.53%
201449.0-35.48%
201375.9-234.71%
2012-56.3

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.