InterRent Real Estate Investment Trust
IIP-UN.TO
#5454
Rank
ยฃ0.83 B
Marketcap
ยฃ5.57
Share price
0.00%
Change (1 day)
-26.15%
Change (1 year)

P/E ratio for InterRent Real Estate Investment Trust (IIP-UN.TO)

P/E ratio as of December 2024 (TTM): -39.2

According to InterRent Real Estate Investment Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -39.222. At the end of 2022 the company had a P/E ratio of 17.2.

P/E ratio history for InterRent Real Estate Investment Trust from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.2163.32%
20216.53-46.25%
202012.1150.7%
20194.85-39.17%
20187.96109.73%
20173.80-72.68%
201613.949.07%
20159.32-35.38%
201414.443.1%
201310.1260.99%
20122.79-12.62%
20113.20154.33%
20101.26-138.18%
2009-3.2963.93%
2008-2.01-82.6%
2007-11.5
2005-1.05501.53%
2004-0.1750-175.4%
20030.2321-67.03%
20020.7038

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.