Digital Realty
DLR
#320
Rank
NZ$107.97 B
Marketcap
$319.35
Share price
0.79%
Change (1 day)
41.99%
Change (1 year)

P/E ratio for Digital Realty (DLR)

P/E ratio as of November 2024 (TTM): 63.5

According to Digital Realty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.4983. At the end of 2022 the company had a P/E ratio of 85.0.

P/E ratio history for Digital Realty from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202285.0185.38%
202129.8-75.88%
2020123143.33%
201950.7-41.91%
201887.3-22.05%
2017112153.13%
201644.3-5.76%
201547.0-29.16%
201466.3186.15%
201323.2-49.49%
201245.9-8.49%
201150.1-32.89%
201074.7-9.38%
200982.40.37%
200882.1-29.37%
200711656.25%
200674.4-17.79%
200590.5-293.89%
2004-46.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
99.3 56.32%๐Ÿ‡บ๐Ÿ‡ธ USA
13.5-78.80%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-76.89%๐Ÿ‡บ๐Ÿ‡ธ 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.