Growthpoint Properties
GRT.JO
#3221
Rank
$2.79 B
Marketcap
$0.82
Share price
0.22%
Change (1 day)
-2.38%
Change (1 year)

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

P/E ratio at the end of 2021: -76.0

According to Growthpoint Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -75.8811. At the end of 2021 the company had a P/E ratio of -76.0.

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

PE ratio at the end of each year

Year P/E ratio Change
2021-76.01219.83%
2020-5.76-166.2%
20198.70-0.9%
20188.7834.03%
20176.55-39.74%
201610.983.93%
20155.9113.91%
20145.19-119.56%
2013-26.536.04%
2012-19.5-42.11%
2011-33.7-130.73%
2010110-197.67%
2009-112

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.