H&R REIT
HR-UN.TO
#3360
Rank
$2.61 B
Marketcap
$9.20
Share price
-0.88%
Change (1 day)
-25.39%
Change (1 year)

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

P/E ratio as of December 2022 (TTM): 2.50

According to H&R REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.49623. 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
20217.75-222.19%
2020-6.34-134.33%
201918.51.35%
201818.289.75%
20179.60-43.13%
201616.9-1.59%
201517.218.11%
201414.5-13.73%
201316.882.77%
20129.21-110.03%
2011-91.8-630.05%
201017.3-25.94%
200923.467.7%
200814.0-101.37%
2007< -1000-3318.7%
200631.733.41%
200523.818.74%
200420.046.59%
200313.718.04%
200211.6

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.