P/E ratio for Sunlight REIT (0435.HK)
P/E ratio at the end of 2022: 62.5
According to Sunlight REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8456. At the end of 2022 the company had a P/E ratio of 62.5.
P/E ratio history for Sunlight REIT from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 62.5 | -296.87% |
| 2021 | -31.7 | 277.6% |
| 2020 | -8.40 | -236.38% |
| 2019 | 6.16 | -0.19% |
| 2018 | 6.17 | -46.2% |
| 2017 | 11.5 | 30.98% |
| 2016 | 8.76 | 160.1% |
| 2015 | 3.37 | -20.93% |
| 2014 | 4.26 | 41.07% |
| 2013 | 3.02 | -25.27% |
| 2012 | 4.04 | 70.74% |
| 2011 | 2.37 | 6.4% |
| 2010 | 2.22 | -146.39% |
| 2009 | -4.80 | -222.87% |
| 2008 | 3.90 |
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.