According to Prodea Real Estate Investment Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8366. At the end of 2022 the company had a P/E ratio of 17.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.4 | 63.49% |
2021 | 10.6 | -68.41% |
2020 | 33.7 | 540.5% |
2019 | 5.26 | -49.84% |
2018 | 10.5 | -27.89% |
2017 | 14.5 | -24.58% |
2016 | 19.3 | -24.4% |
2015 | 25.5 | 490% |
2014 | 4.32 | -144.52% |
2013 | -9.71 | -181.33% |
2012 | 11.9 | -87.53% |
2011 | 95.8 | 622.79% |
2010 | 13.3 |
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.