Varia US Properties
VARN.SW
#6905
Rank
NZ$0.63 B
Marketcap
$62.46
Share price
-0.61%
Change (1 day)
-10.32%
Change (1 year)

P/E ratio for Varia US Properties (VARN.SW)

P/E ratio as of September 2024 (TTM): -3.61

According to Varia US Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.60565. At the end of 2023 the company had a P/E ratio of -2.77.

P/E ratio history for Varia US Properties from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-2.77-172.7%
20223.8116.86%
20213.26-67.67%
202010.112.36%
20198.97-32.74%
201813.339.73%
20179.54

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.