P/E ratio for Scully Royalty (SRL)
P/E ratio as of May 2024 (TTM): 1.21
According to Scully Royalty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.21392. At the end of 2017 the company had a P/E ratio of -3.06.
P/E ratio history for Scully Royalty from 2001 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | -3.06 | -59.85% |
| 2016 | -7.63 | 1794.24% |
| 2015 | -0.4029 | -99.97% |
| 2014 | < -1000 | -2105.98% |
| 2013 | 62.0 | 1898.83% |
| 2012 | 3.10 | -93.06% |
| 2011 | 44.7 | 322.71% |
| 2010 | 10.6 | -21.07% |
| 2009 | 13.4 | -99.84% |
| 2008 | > 1000 | 35400.09% |
| 2007 | 23.7 | 0.95% |
| 2006 | 23.5 | 72.6% |
| 2005 | 13.6 | 17.63% |
| 2004 | 11.6 | 32.96% |
| 2003 | 8.71 | 177.48% |
| 2002 | 3.14 | -42.1% |
| 2001 | 5.42 |
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.