Plymouth Industrial REIT
PLYM
#5117
Rank
$1.03 B
Marketcap
$22.50
Share price
1.76%
Change (1 day)
13.35%
Change (1 year)

P/E ratio for Plymouth Industrial REIT (PLYM)

P/E ratio as of March 2024 (TTM): -188

According to Plymouth Industrial REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -187.5. At the end of 2022 the company had a P/E ratio of -28.2.

P/E ratio history for Plymouth Industrial REIT from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-28.2-17.15%
2021-34.0251.77%
2020-9.6877.34%
2019-5.46158.35%
2018-2.11-59.55%
2017-5.22

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.78-97.99%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0-109.08%๐Ÿ‡บ๐Ÿ‡ธ USA
30.7-116.40%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.