Growthpoint Properties
GRT.JO
#3980
Rank
$2.13 B
Marketcap
$0.63
Share price
1.88%
Change (1 day)
-12.50%
Change (1 year)

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

P/E ratio at the end of 2022: 4.70

According to Growthpoint Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.31229. At the end of 2022 the company had a P/E ratio of 4.70.

P/E ratio history for Growthpoint Properties from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.70-106.42%
2021-73.21219.83%
2020-5.54-166.2%
20198.37-0.9%
20188.4534.03%
20176.30-39.74%
201610.583.93%
20155.6913.91%
20144.99-119.56%
2013-25.536.04%
2012-18.8-42.11%
2011-32.4-112.6%
2010257-294.46%
2009-132

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.