Growthpoint Properties
GRT.JO
#3354
Rank
$2.57 B
Marketcap
$0.75
Share price
-2.38%
Change (1 day)
-6.25%
Change (1 year)

P/E ratio for Growthpoint Properties (GRT.JO)

P/E ratio at the end of 2021: -82.0

According to Growthpoint Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -70.2602. At the end of 2021 the company had a P/E ratio of -82.0.

P/E ratio history for Growthpoint Properties from 2009 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-82.01219.83%
2020-6.22-166.2%
20199.39-0.9%
20189.4834.03%
20177.07-39.74%
201611.783.93%
20156.3813.91%
20145.60-119.56%
2013-28.636.04%
2012-21.0-42.11%
2011-36.4-130.73%
2010118-197.67%
2009-121

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.