P/E ratio for Trinity Place Holdings (TPHS)
P/E ratio as of April 2024 (TTM): -0.1581
According to Trinity Place Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.158068. At the end of 2022 the company had a P/E ratio of -1.30.
P/E ratio history for Trinity Place Holdings from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.30 | -55.56% |
| 2021 | -2.92 | -130.37% |
| 2020 | 9.62 | -154.31% |
| 2019 | -17.7 | 1.99% |
| 2018 | -17.4 | -82.52% |
| 2017 | -99.3 | 210.6% |
| 2016 | -32.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Buckle
BKE | 7.70 | -4,972.11% | 🇺🇸 USA |
 Alexander & Baldwin
ALEX | -24.6 | 15,472.66% | 🇺🇸 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.