Fortune REIT
0778.HK
#5169
Rank
$0.98 B
Marketcap
$0.49
Share price
1.33%
Change (1 day)
-40.24%
Change (1 year)

P/E ratio for Fortune REIT (0778.HK)

P/E ratio as of March 2024 (TTM): 2.88

According to Fortune REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.87743. At the end of 2014 the company had a P/E ratio of 3.73.

P/E ratio history for Fortune REIT from 2010 to 2015

PE ratio at the end of each year

Year P/E ratio Change
20143.7324.56%
20132.99-38.11%
20124.84
20103.31

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.