P/E ratio for Urban Edge Properties (UE)
P/E ratio as of April 2024 (TTM): 45.0
According to Urban Edge Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45. At the end of 2022 the company had a P/E ratio of 35.2.
P/E ratio history for Urban Edge Properties from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.2 | 63.15% |
| 2021 | 21.6 | 30.15% |
| 2020 | 16.6 | -20.42% |
| 2019 | 20.8 | 15.4% |
| 2018 | 18.1 | -53.22% |
| 2017 | 38.6 | 27.75% |
| 2016 | 30.2 | -51.01% |
| 2015 | 61.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Realty Income O | 38.5 | -14.35% | 🇺🇸 USA |
 Easterly Government Properties DEA | 34.6 | -23.10% | 🇺🇸 USA |
 Healthcare Realty HR | -29.6 | -165.82% | 🇺🇸 USA |
 Cousins Properties
CUZ | 37.4 | -16.99% | 🇺🇸 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.