According to Wharf REIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9018. At the end of 2021 the company had a P/E ratio of 27.8.
Year | P/E ratio | Change |
---|---|---|
2021 | 27.8 | -279.67% |
2020 | -15.5 | -141.91% |
2019 | 36.9 | 373.91% |
2018 | 7.78 | -15.56% |
2017 | 9.22 |
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.