P/E ratio for INDUS Realty Trust (INDT)
P/E ratio as of April 2024 (TTM): > 1000
According to INDUS Realty Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6699. At the end of 2022 the company had a P/E ratio of 104.
P/E ratio history for INDUS Realty Trust from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 104 | 60.5% |
| 2021 | 64.8 | -336.57% |
| 2020 | -27.4 | -149.9% |
| 2019 | 54.9 | -155.1% |
| 2018 | -99.7 | -352.61% |
| 2017 | 39.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Home Depot HD | 21.1 | -99.68% | 🇺🇸 USA |
 Builders FirstSource
BLDR | 15.5 | -99.77% | 🇺🇸 USA |
 LL Flooring LL | -0.6345 | -100.01% | 🇺🇸 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.