UBM Development
UBS.VI
#8311
Rank
NZ$0.24 B
Marketcap
$33.36
Share price
-1.85%
Change (1 day)
-9.61%
Change (1 year)

P/E ratio for UBM Development (UBS.VI)

P/E ratio as of November 2024 (TTM): -5.18

According to UBM Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.17829. At the end of 2022 the company had a P/E ratio of 10.1.

P/E ratio history for UBM Development from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.15.55%
20219.6017.73%
20208.156.43%
20197.6621.82%
20186.29-24.77%
20178.364.54%
20168.00

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.