Real Matters
REAL.TO
#7296
Rank
โ‚น28.26 B
Marketcap
โ‚น384.91
Share price
-5.49%
Change (1 day)
19.95%
Change (1 year)

P/E ratio for Real Matters (REAL.TO)

P/E ratio as of November 2024 (TTM): -86.6

According to Real Matters's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -86.5709. At the end of 2023 the company had a P/E ratio of -77.5.

P/E ratio history for Real Matters from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-77.591.36%
2022-40.5-263.8%
202124.7-51.25%
202050.7-53.97%
2019110-218.24%
2018-93.2163.28%
2017-35.4

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.