P/E ratio for Fortress REIT (FFA.JO)
P/E ratio at the end of 2022: 25.3
According to Fortress REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.1028. At the end of 2022 the company had a P/E ratio of 25.3.
P/E ratio history for Fortress REIT from 2010 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.3 | 286.12% |
| 2021 | 6.55 | -329.69% |
| 2020 | -2.85 | -120.94% |
| 2019 | 13.6 | -364.62% |
| 2018 | -5.15 | -188.72% |
| 2017 | 5.80 | -257.7% |
| 2016 | -3.68 | -204.8% |
| 2015 | 3.51 | 17.44% |
| 2014 | 2.99 | 60.23% |
| 2013 | 1.86 | -34.56% |
| 2012 | 2.85 | -8.98% |
| 2011 | 3.13 | -71.76% |
| 2010 | 11.1 |
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.