P/E ratio for Trinity Place Holdings (TPHS)
P/E ratio as of March 2023 (TTM): -1.71
According to Trinity Place Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.71464. At the end of 2021 the company had a P/E ratio of -3.63.
P/E ratio history for Trinity Place Holdings from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -3.63 | -157.66% |
| 2020 | 6.30 | -115% |
| 2019 | -42.0 | 144.19% |
| 2018 | -17.2 | -82.68% |
| 2017 | -99.3 | 206.3% |
| 2016 | -32.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Buckle
BKE | 6.75 | -493.58% | 🇺🇸 USA |
 Alexander & Baldwin
ALEX | -26.3 | 1,432.60% | 🇺🇸 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.