P/E ratio for Union Properties (UPP.AE)
P/E ratio as of May 2024 (TTM): 48.9
According to Union Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.8816. At the end of 2021 the company had a P/E ratio of -1.42.
P/E ratio history for Union Properties from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -1.42 | -123.97% |
| 2020 | 5.91 | -211.85% |
| 2019 | -5.29 | -119.35% |
| 2018 | 27.3 | -1653.09% |
| 2017 | -1.76 | -108.24% |
| 2016 | 21.4 | 235.1% |
| 2015 | 6.37 | 21.65% |
| 2014 | 5.24 | 106.25% |
| 2013 | 2.54 | -67.44% |
| 2012 | 7.80 | -1520.93% |
| 2011 | -0.5489 | -32.51% |
| 2010 | -0.8133 |
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.