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.
Year | P/E ratio | Change |
---|---|---|
2023 | 9.45 | 71.81% |
2022 | 5.50 | -17.34% |
2021 | 6.66 | -59.73% |
2020 | 16.5 | 101.6% |
2019 | 8.20 | -8.96% |
2018 | 9.00 | 27.42% |
2017 | 7.07 | -16.73% |
2016 | 8.49 | -13.71% |
2015 | 9.83 | 17.42% |
2014 | 8.38 | 19.32% |
2013 | 7.02 | -7.75% |
2012 | 7.61 | 25.68% |
2011 | 6.05 | -31.98% |
2010 | 8.90 | -30.63% |
2009 | 12.8 | -250.84% |
2008 | -8.51 | -326.38% |
2007 | 3.76 |
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.