P/E ratio for Transcontinental Realty Investors (TCI)
P/E ratio as of April 2024 (TTM): 0.5930
According to Transcontinental Realty Investors's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.592991. At the end of 2022 the company had a P/E ratio of 0.8151.
P/E ratio history for Transcontinental Realty Investors from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.8151 | -97.73% |
| 2021 | 35.9 | 13.08% |
| 2020 | 31.7 | -345.8% |
| 2019 | -12.9 | -1044.26% |
| 2018 | 1.37 | -108.34% |
| 2017 | -16.4 | -86.36% |
| 2016 | -120 | 1055.32% |
| 2015 | -10.4 | -580.81% |
| 2014 | 2.16 | 56.33% |
| 2013 | 1.38 | -136.04% |
| 2012 | -3.84 | 1230.2% |
| 2011 | -0.2887 | -63.81% |
| 2010 | -0.7979 | -33.48% |
| 2009 | -1.20 | -140.26% |
| 2008 | 2.98 | -75.33% |
| 2007 | 12.1 | -64.37% |
| 2006 | 33.9 | 126.02% |
| 2005 | 15.0 | 206.32% |
| 2004 | 4.90 | -98.83% |
| 2003 | 418 | 1251.49% |
| 2002 | 30.9 | 343.48% |
| 2001 | 6.98 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CTO Realty Growth CTO | -39.9 | -6,829.78% | 🇺🇸 USA |
 American Realty Investors ARL | 0.6403 | 7.97% | 🇺🇸 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.