P/E ratio for Nippon Prologis REIT (3283.T)
P/E ratio at the end of 2021: > 1000
According to Nippon Prologis REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.4922. At the end of 2021 the company had a P/E ratio of > 1000.
P/E ratio history for Nippon Prologis REIT from 2013 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | > 1000 | 23.32% |
| 2020 | > 1000 | 2.62% |
| 2019 | > 1000 | 18.8% |
| 2018 | > 1000 | 20.12% |
| 2017 | > 1000 | -22.47% |
| 2016 | > 1000 | -5.84% |
| 2015 | > 1000 | -17.06% |
| 2014 | > 1000 | 49.71% |
| 2013 | > 1000 |
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.