Prodea Real Estate Investment Company
PRODEA.AT
#4460
Rank
$1.81 B
Marketcap
$7.10
Share price
-1.45%
Change (1 day)
-12.22%
Change (1 year)

P/E ratio for Prodea Real Estate Investment Company (PRODEA.AT)

P/E ratio as of December 2024 (TTM): 14.0

According to Prodea Real Estate Investment Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9743. At the end of 2022 the company had a P/E ratio of 17.4.

P/E ratio history for Prodea Real Estate Investment Company from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202217.463.49%
202110.6-68.41%
202033.7540.5%
20195.26-49.84%
201810.5-27.89%
201714.5-24.58%
201619.3-24.4%
201525.5490%
20144.32-144.52%
2013-9.71-181.33%
201211.9-87.53%
201195.8622.79%
201013.3

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.