H&R REIT
HR-UN.TO
#4225
Rank
$1.84 B
Marketcap
$6.58
Share price
-0.55%
Change (1 day)
-27.85%
Change (1 year)

P/E ratio for H&R REIT (HR-UN.TO)

P/E ratio as of April 2024 (TTM): -12.4

According to H&R REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.4141. At the end of 2022 the company had a P/E ratio of 4.08.

P/E ratio history for H&R REIT from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.08-47.82%
20217.82-223.3%
2020-6.34-134.38%
201918.41.23%
201818.289.79%
20179.60-43.5%
201617.00.07%
201517.017.22%
201414.5-6.84%
201315.570.92%
20129.09-22.3%
201111.798.92%
20105.88-75.82%
200924.385.39%
200813.1-100.64%
2007< -1000-6688.63%
200631.328.85%
200524.323.07%
200419.744.61%
200313.718.05%
200211.6-4.91%
200112.2

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.