P/E ratio for UMH Properties (UMH)
P/E ratio as of April 2024 (TTM): -47.2
According to UMH Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -47.2424. At the end of 2022 the company had a P/E ratio of -24.0.
P/E ratio history for UMH Properties from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -24.0 | -140.45% |
| 2021 | 59.4 | -388.84% |
| 2020 | -20.6 | -109.15% |
| 2019 | 225 | -3003.82% |
| 2018 | -7.74 | -87.54% |
| 2017 | -62.1 | -62.87% |
| 2016 | -167 | 296.57% |
| 2015 | -42.2 | -33.77% |
| 2014 | -63.7 | -39.17% |
| 2013 | -105 | -221.41% |
| 2012 | 86.2 | 48.15% |
| 2011 | 58.2 | 196.64% |
| 2010 | 19.6 | -25.98% |
| 2009 | 26.5 | -37.65% |
| 2008 | 42.5 | -9.73% |
| 2007 | 47.1 | 79.9% |
| 2006 | 26.2 | 23.44% |
| 2005 | 21.2 | 29.3% |
| 2004 | 16.4 | 72.54% |
| 2003 | 9.50 | -39.64% |
| 2002 | 15.7 | -4.35% |
| 2001 | 16.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AMH (American Homes 4 Rent)
AMH | 33.9 | -171.77% | 🇺🇸 USA |
 Weingarten Realty
WRI | N/A | N/A | 🇺🇸 USA |
 Highwoods Properties
HIW | 19.7 | -141.68% | 🇺🇸 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.