SL Green Realty
SLG
#3122
Rank
$3.62 B
Marketcap
$55.68
Share price
-0.36%
Change (1 day)
97.45%
Change (1 year)

P/E ratio for SL Green Realty (SLG)

P/E ratio as of June 2024 (TTM): -7.28

According to SL Green Realty 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.27843. At the end of 2022 the company had a P/E ratio of -22.8.

P/E ratio history for SL Green Realty from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.8-302.51%
202111.3-13.03%
202012.9-58.1%
201930.9-1.22%
201831.3-73.58%
2017118149.54%
201647.410.25%
201543.084.95%
201423.3-73.4%
201387.493.5%
201245.2384.4%
20119.33-53.52%
201020.1-75.6%
200982.31812.06%
20084.30-51.36%
20078.85-71.46%
200631.029.38%
200524.089.43%
200412.6-16.1%
200315.1-1.07%
200215.2-4.31%
200115.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
49.8-783.75%๐Ÿ‡บ๐Ÿ‡ธ USA
49.6-782.02%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.21-14.67%๐Ÿ‡บ๐Ÿ‡ธ USA
112-1,634.22%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.