P/E ratio for RioCan REIT (REI-UN.TO)
P/E ratio as of April 2025 (TTM): 21.1
According to RioCan REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.103. At the end of 2022 the company had a P/E ratio of 27.8.
P/E ratio history for RioCan REIT from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.8 | 129.06% |
| 2021 | 12.1 | -114.49% |
| 2020 | -83.8 | -888.68% |
| 2019 | 10.6 | -25.04% |
| 2018 | 14.2 | 26.2% |
| 2017 | 11.2 | 5.81% |
| 2016 | 10.6 | -82.09% |
| 2015 | 59.2 | 372.81% |
| 2014 | 12.5 | 16.31% |
| 2013 | 10.8 | 80.14% |
| 2012 | 5.98 | -26.03% |
| 2011 | 8.08 | 122.64% |
| 2010 | 3.63 | -91.04% |
| 2009 | 40.5 | 101.66% |
| 2008 | 20.1 | -85.27% |
| 2007 | 136 | 350.06% |
| 2006 | 30.3 | -9.59% |
| 2005 | 33.5 | 64.27% |
| 2004 | 20.4 | 44.02% |
| 2003 | 14.2 | 26.1% |
| 2002 | 11.2 | 2.8% |
| 2001 | 10.9 |
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.