SmartCentres REIT
SRU-UN.TO
#3596
Rank
$2.82 B
Marketcap
$16.58
Share price
0.22%
Change (1 day)
-12.55%
Change (1 year)

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

P/E ratio as of May 2024 (TTM): 12.3

According to SmartCentres REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2805. At the end of 2022 the company had a P/E ratio of 8.93.

P/E ratio history for SmartCentres REIT from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.9334.77%
20216.63-87.41%
202052.7214.73%
201916.714.29%
201814.6-10.11%
201716.35.11%
201615.5-7.8%
201516.83.02%
201416.333.28%
201312.2192.1%
20124.19-76.54%
201117.9271.04%
20104.81-94.18%
200982.7594.13%
200811.9-82.49%
200768.0-35.92%
2006106187.97%
200536.965.31%
200422.3109.54%
200310.6

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.