รrima Real Estate
ARM.MC
#7921
Rank
NZ$0.39 B
Marketcap
$15.32
Share price
0.00%
Change (1 day)
33.58%
Change (1 year)

P/E ratio for รrima Real Estate (ARM.MC)

P/E ratio at the end of 2023: -5.12

According to รrima Real Estate's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.29679. At the end of 2023 the company had a P/E ratio of -5.12.

P/E ratio history for รrima Real Estate from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-5.12-126.63%
202219.296.92%
20219.77-44.7%
202017.762.65%
201910.9

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.