P/E ratio for Property For Industry (PFI.NZ)
P/E ratio at the end of 2023: -10.9
According to Property For Industry 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.3146. At the end of 2023 the company had a P/E ratio of -10.9.
P/E ratio history for Property For Industry from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -10.9 | -86.08% |
| 2022 | -78.6 | -2829.61% |
| 2021 | 2.88 | -73.02% |
| 2020 | 10.7 | 73.16% |
| 2019 | 6.16 | -15.33% |
| 2018 | 7.28 | -42.2% |
| 2017 | 12.6 | 152.77% |
| 2016 | 4.98 | -38.23% |
| 2015 | 8.06 | 1.68% |
| 2014 | 7.93 | 7.5% |
| 2013 | 7.38 | 1.69% |
| 2012 | 7.25 | -39.11% |
| 2011 | 11.9 | -37.52% |
| 2010 | 19.1 | -213.9% |
| 2009 | -16.7 | 120.57% |
| 2008 | -7.59 | -247.1% |
| 2007 | 5.16 | -71.66% |
| 2006 | 18.2 | 16.05% |
| 2005 | 15.7 | 282.76% |
| 2004 | 4.10 | -54.93% |
| 2003 | 9.09 | -46.38% |
| 2002 | 17.0 | -17.29% |
| 2001 | 20.5 |
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.