Reit 1 Ltd
RIT1.TA
#5559
Rank
$1.00 B
Marketcap
$5.15
Share price
-0.16%
Change (1 day)
11.74%
Change (1 year)

P/E ratio for Reit 1 Ltd (RIT1.TA)

P/E ratio as of January 2025 (TTM): 9.63

According to Reit 1 Ltd's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.62998. At the end of 2023 the company had a P/E ratio of 9.45.

P/E ratio history for Reit 1 Ltd from 2013 to 2024

20162019202220258101214161820companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
20239.4571.81%
20225.50-17.34%
20216.66-59.73%
202016.5101.6%
20198.20-8.96%
20189.0027.42%
20177.07-16.73%
20168.49-13.71%
20159.8317.42%
20148.3819.32%
20137.02-7.75%
20127.6125.68%
20116.05-31.98%
20108.90-30.63%
200912.8-250.84%
2008-8.51-326.38%
20073.76

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.