SmartCentres REIT
SRU-UN.TO
#2901
Rank
$3.38 B
Marketcap
$19.86
Share price
-0.73%
Change (1 day)
-19.33%
Change (1 year)

P/E ratio for SmartCentres REIT (SRU-UN.TO)

P/E ratio as of December 2022 (TTM): 7.62

According to SmartCentres REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.62203. At the end of 2021 the company had a P/E ratio of 6.69.

P/E ratio history for SmartCentres REIT from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.69-87.28%
202052.6209.65%
201917.016.17%
201814.6-10.66%
201716.45.34%
201615.5-11.19%
201517.55.31%
201416.635.58%
201312.2183.49%
20124.32-76.92%
201118.7-91.22%
2010213162.4%
200981.2586.98%
200811.8-83.77%
200772.8-31.37%
2006106142.36%
200543.819.61%
200436.6241.09%
200310.7

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.