Urban Edge Properties
UE
#3534
Rank
S$4.17 B
Marketcap
$30.88
Share price
-0.17%
Change (1 day)
38.54%
Change (1 year)

P/E ratio for Urban Edge Properties (UE)

P/E ratio as of November 2024 (TTM): 63.8

According to Urban Edge Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.75. At the end of 2022 the company had a P/E ratio of 35.2.

P/E ratio history for Urban Edge Properties from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202235.263.15%
202121.630.15%
202016.6-20.42%
201920.815.4%
201818.1-53.22%
201738.627.75%
201630.2-51.01%
201561.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.8-40.72%๐Ÿ‡บ๐Ÿ‡ธ USA
-38.2-159.97%๐Ÿ‡บ๐Ÿ‡ธ USA
42.5-33.32%๐Ÿ‡บ๐Ÿ‡ธ USA
53.4-16.20%๐Ÿ‡บ๐Ÿ‡ธ 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.