P/E ratio for NorthWest Healthcare Properties REIT (NWH-UN.TO)
P/E ratio as of December 2023 (TTM): -4.87
According to NorthWest Healthcare Properties REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.87125. At the end of 2022 the company had a P/E ratio of 34.6.
P/E ratio history for NorthWest Healthcare Properties REIT from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 34.6 | 404.72% |
| 2021 | 6.86 | -2.76% |
| 2020 | 7.05 | -100.63% |
| 2019 | < -1000 | -7575.06% |
| 2018 | 14.9 | 3.41% |
| 2017 | 14.4 | 9.32% |
| 2016 | 13.2 | 225.27% |
| 2015 | 4.06 | -83.57% |
| 2014 | 24.7 | 123.6% |
| 2013 | 11.1 | 122.57% |
| 2012 | 4.97 | -0.48% |
| 2011 | 4.99 | -98.53% |
| 2010 | 340 |
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.