P/E ratio for Mapletree Commercial Trust (N2IU.SI)
P/E ratio as of April 2024 (TTM): 18.1
According to Mapletree Commercial Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0855. At the end of 2022 the company had a P/E ratio of 12.9.
P/E ratio history for Mapletree Commercial Trust from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.9 | |
| 2019 | 7.75 | -7.05% |
| 2018 | 8.34 | -29.76% |
| 2017 | 11.9 | 21.83% |
| 2016 | 9.75 | 12.48% |
| 2015 | 8.67 | 5.31% |
| 2014 | 8.23 | -53.69% |
| 2013 | 17.8 | 328.41% |
| 2012 | 4.15 |
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.