Trinity Place Holdings
TPHS
#8167
Rank
$8.96 M
Marketcap
$0.14
Share price
-0.43%
Change (1 day)
-64.88%
Change (1 year)

P/E ratio for Trinity Place Holdings (TPHS)

P/E ratio as of April 2024 (TTM): -0.1603

According to Trinity Place Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.160341. 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%
20209.62-154.31%
2019-17.71.99%
2018-17.4-82.52%
2017-99.3210.6%
2016-32.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.83-4,983.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.9 15,415.00%๐Ÿ‡บ๐Ÿ‡ธ 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.