Killam Apartment REIT
KMP-UN.TO
#4462
Rank
$1.62 B
Marketcap
$13.71
Share price
-0.22%
Change (1 day)
10.30%
Change (1 year)

P/E ratio for Killam Apartment REIT (KMP-UN.TO)

P/E ratio as of March 2024 (TTM): 11.2

According to Killam Apartment REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2167. At the end of 2022 the company had a P/E ratio of 15.3.

P/E ratio history for Killam Apartment REIT from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.369.24%
20219.05-23.6%
202011.887.97%
20196.30-17.22%
20187.61-26.75%
201710.4-3.33%
201610.7-43.41%
201519.0-0.05%
201419.034.16%
201314.215.66%
201212.253.46%
20117.98-6.84%
20108.57-105.84%
2009-147386.51%
2008-30.1-39.51%
2007-49.8-10.76%
2006-55.8-100%
2005< -1000-9.7182846827348E+17%
2004683-217.82%
2003-580

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.