P/E ratio for H&R REIT (HR-UN.TO)
P/E ratio as of March 2023 (TTM): 3.05
According to H&R REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.04959. At the end of 2021 the company had a P/E ratio of 7.75.
P/E ratio history for H&R REIT from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.75 | -222.19% |
| 2020 | -6.34 | -134.33% |
| 2019 | 18.5 | 1.35% |
| 2018 | 18.2 | 89.75% |
| 2017 | 9.60 | -43.13% |
| 2016 | 16.9 | -1.59% |
| 2015 | 17.2 | 18.11% |
| 2014 | 14.5 | -13.73% |
| 2013 | 16.8 | 82.77% |
| 2012 | 9.21 | -110.03% |
| 2011 | -91.8 | -630.05% |
| 2010 | 17.3 | -25.94% |
| 2009 | 23.4 | 67.7% |
| 2008 | 14.0 | -101.37% |
| 2007 | < -1000 | -3318.7% |
| 2006 | 31.7 | 33.41% |
| 2005 | 23.8 | 18.74% |
| 2004 | 20.0 | 46.59% |
| 2003 | 13.7 | 18.04% |
| 2002 | 11.6 |
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.