P/E ratio for NorthWest Healthcare Properties REIT (NWH-UN.TO)
P/E ratio as of March 2023 (TTM): 5.83
According to NorthWest Healthcare Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.83163. At the end of 2021 the company had a P/E ratio of 7.11.
P/E ratio history for NorthWest Healthcare Properties REIT from 2011 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 7.11 | 1.08% |
| 2020 | 7.03 | -100.72% |
| 2019 | -980 | -6670.03% |
| 2018 | 14.9 | -12.54% |
| 2017 | 17.0 | 37.11% |
| 2016 | 12.4 | 211.92% |
| 2015 | 3.99 | -124.99% |
| 2014 | -16.0 | -244.98% |
| 2013 | 11.0 | 109.94% |
| 2012 | 5.24 | 1.42% |
| 2011 | 5.17 | -98.21% |
| 2010 | 289 |
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.