P/E ratio for NexPoint Residential (NXRT)
P/E ratio as of April 2024 (TTM): 27.0
According to NexPoint Residential 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.0086. At the end of 2022 the company had a P/E ratio of -124.
P/E ratio history for NexPoint Residential from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -124 | -236.46% |
| 2021 | 91.1 | 279.04% |
| 2020 | 24.0 | 116.36% |
| 2019 | 11.1 | -102.54% |
| 2018 | -438 | -4067.27% |
| 2017 | 11.0 | -49.12% |
| 2016 | 21.7 | -184.56% |
| 2015 | -25.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 112 | 313.81% | 🇺🇸 USA |
 Equinix EQIX | 79.4 | 193.92% | 🇺🇸 USA |
 FRP Holdings
FRPH | 63.9 | 136.48% | 🇺🇸 USA |
 Community Healthcare Trust CHCT | 114 | 323.77% | 🇺🇸 USA |
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.