P/E ratio for Mapletree Industrial Trust (ME8U.SI)
P/E ratio as of April 2024 (TTM): 23.5
According to Mapletree Industrial Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4829. At the end of 2022 the company had a P/E ratio of 13.2.
P/E ratio history for Mapletree Industrial Trust from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.2 | -56.93% |
| 2021 | 30.6 | 81.92% |
| 2020 | 16.8 | -5.65% |
| 2019 | 17.8 | 53.14% |
| 2018 | 11.6 | -10.08% |
| 2017 | 12.9 | 21.91% |
| 2016 | 10.6 | 54.3% |
| 2015 | 6.88 | -11.17% |
| 2014 | 7.74 | 3.32% |
| 2013 | 7.50 | -18.48% |
| 2012 | 9.20 | 257.63% |
| 2011 | 2.57 |
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.