P/E ratio for Redefine Properties (RDF.JO)
P/E ratio at the end of 2022: 2.45
According to Redefine Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.2775. At the end of 2022 the company had a P/E ratio of 2.45.
P/E ratio history for Redefine Properties from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.45 | -63.5% |
| 2021 | 6.71 | -1054.43% |
| 2020 | -0.7035 | -106.88% |
| 2019 | 10.2 | 60.38% |
| 2018 | 6.37 | -42.52% |
| 2017 | 11.1 | 31.03% |
| 2016 | 8.46 | 51.79% |
| 2015 | 5.57 | 50.25% |
| 2014 | 3.71 | 49.28% |
| 2013 | 2.49 | -92.54% |
| 2012 | 33.3 | -311.08% |
| 2011 | -15.8 | -677.31% |
| 2010 | 2.74 | -124.73% |
| 2009 | -11.1 |
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.