Community Healthcare Trust
CHCT
#6559
Rank
HK$4.12 B
Marketcap
HK$146.08
Share price
1.54%
Change (1 day)
-27.32%
Change (1 year)

P/E ratio for Community Healthcare Trust (CHCT)

P/E ratio as of November 2024 (TTM): 85.9

According to Community Healthcare Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 85.9091. At the end of 2022 the company had a P/E ratio of 43.7.

P/E ratio history for Community Healthcare Trust from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202243.7-20.57%
202155.0-6.66%
202058.9-50.54%
2019119-21.54%
201815218.8%
201712822.01%
2016105-335.27%
2015-44.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
132 53.61%๐Ÿ‡บ๐Ÿ‡ธ USA
57.1-33.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-30.2-135.19%๐Ÿ‡บ๐Ÿ‡ธ USA

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.