P/E ratio for Seritage Growth Properties (SRG)
P/E ratio as of May 2024 (TTM): -7.08
According to Seritage Growth Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.07634. At the end of 2022 the company had a P/E ratio of -5.30.
P/E ratio history for Seritage Growth Properties from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.30 | -67.22% |
| 2021 | -16.2 | 216.38% |
| 2020 | -5.11 | -77.54% |
| 2019 | -22.8 | 54.96% |
| 2018 | -14.7 | -20.82% |
| 2017 | -18.6 | -38.19% |
| 2016 | -30.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Office Properties Income Trust OPI | -4.74 | -33.01% | 🇺🇸 USA |
 One Liberty Properties OLP | 17.5 | -347.51% | 🇺🇸 USA |
 Omega Healthcare
OHI | 30.4 | -529.02% | 🇺🇸 USA |
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.