According to Suntec REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.60956. At the end of 2018 the company had a P/E ratio of 15.1.
Year | P/E ratio | Change |
---|---|---|
2018 | 15.1 | -40.86% |
2017 | 25.5 | 50.36% |
2016 | 16.9 | 53.99% |
2015 | 11.0 | -27.95% |
2014 | 15.3 | 59.73% |
2013 | 9.56 | 5.3% |
2012 | 9.08 | 140.72% |
2011 | 3.77 | -48.89% |
2010 | 7.38 | -137.27% |
2009 | -19.8 |
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.