P/E ratio for Tritax Big Box REIT (BBOX.L)
P/E ratio at the end of 2021: 4.36
According to Tritax Big Box REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 4.36.
P/E ratio history for Tritax Big Box REIT from 2014 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.36 | -29.15% |
| 2020 | 6.15 | -65.22% |
| 2019 | 17.7 | 125.78% |
| 2018 | 7.83 | 5.08% |
| 2017 | 7.45 | -47.5% |
| 2016 | 14.2 | 161.9% |
| 2015 | 5.42 | -10.04% |
| 2014 | 6.02 |
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.