Vital Healthcare Property Trust
VHP.NZ
#6221
Rank
S$0.94 B
Marketcap
$1.40
Share price
-1.62%
Change (1 day)
-20.38%
Change (1 year)

P/E ratio for Vital Healthcare Property Trust (VHP.NZ)

P/E ratio at the end of 2023: -9.45

According to Vital Healthcare Property Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.44007. At the end of 2023 the company had a P/E ratio of -9.45.

P/E ratio history for Vital Healthcare Property Trust from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-9.45-301.14%
20224.705.37%
20214.46-74.07%
202017.273.31%
20199.9334.83%
20187.36115.33%
20173.42-34.43%
20165.217.06%
20154.87-38.35%
20147.90-10.33%
20138.81-68.51%
201228.014.48%
201124.425.43%
201019.5-127.84%
2009-70.0-623.35%
200813.4

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.