NNN REIT
NNN
#1986
Rank
HK$63.03 B
Marketcap
HK$336.13
Share price
-0.36%
Change (1 day)
9.74%
Change (1 year)

P/E ratio for NNN REIT (NNN)

P/E ratio as of November 2024 (TTM): 20.3

According to NNN REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.271. At the end of 2022 the company had a P/E ratio of 24.2.

P/E ratio history for NNN REIT from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.2-23.95%
202131.8-5.09%
202033.5-2.42%
201934.417.62%
201829.2-1.75%
201729.7-5.79%
201631.6-5.4%
201533.45.12%
201431.717.24%
201327.1-1.92%
201227.60.48%
201127.5-18.08%
201033.5-5.15%
200935.4225.07%
200810.94.7%
200710.439%
20067.48-42.02%
200512.9-28.03%
200417.913.72%
200315.812%
200214.1-0.47%
200114.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.0-21.31%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0-40.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0049-100.02%๐Ÿ‡บ๐Ÿ‡ธ USA
15.9-21.75%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0253-100.12%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.