According to Alpine Income Property Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.931. At the end of 2022 the company had a P/E ratio of 7.66.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.66 | -65.59% |
2021 | 22.3 | -81.94% |
2020 | 123 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
-1.69 | -105.84% | ๐บ๐ธ USA | |
19.4 | -32.89% | ๐บ๐ธ USA | |
36.7 | 26.95% | ๐บ๐ธ USA |
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.