P/E ratio for Paramount Group (PGRE)
P/E ratio as of April 2024 (TTM): -10.6
According to Paramount Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -10.5952. At the end of 2022 the company had a P/E ratio of -36.7.
P/E ratio history for Paramount Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -36.7 | -60.36% |
| 2021 | -92.7 | 23.01% |
| 2020 | -75.3 | -13.41% |
| 2019 | -87.0 | -130.87% |
| 2018 | 282 | 560.73% |
| 2017 | 42.7 | -113.52% |
| 2016 | -316 | -65.13% |
| 2015 | -905 | -617.78% |
| 2014 | 175 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 SL Green Realty
SLG | -6.34 | -40.14% | 🇺🇸 USA |
 Gaming and Leisure Properties
GLPI | 15.5 | -245.88% | 🇺🇸 USA |
 W. P. Carey WPC | 15.3 | -244.08% | 🇺🇸 USA |
 Hudson Pacific Properties
HPP | -7.66 | -27.72% | 🇺🇸 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.