P/E ratio for Arena REIT (ARF.AX)
P/E ratio at the end of 2023: 16.4
According to Arena REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1051. At the end of 2023 the company had a P/E ratio of 16.4.
P/E ratio history for Arena REIT from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 16.4 | 308.41% |
| 2022 | 4.02 | -31.48% |
| 2021 | 5.87 | -24.91% |
| 2020 | 7.82 | -27.45% |
| 2019 | 10.8 | 49.34% |
| 2018 | 7.22 | 65.29% |
| 2017 | 4.37 | -15.74% |
| 2016 | 5.18 | 24.2% |
| 2015 | 4.17 | 16.37% |
| 2014 | 3.59 | -32.46% |
| 2013 | 5.31 |
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.