P/E ratio for Washington Real Estate Investment Trust (WRE)
P/E ratio as of May 2024 (TTM): -45.1
According to Washington Real Estate Investment Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.0513. At the end of 2021 the company had a P/E ratio of 136.
P/E ratio history for Washington Real Estate Investment Trust from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 136 | -219.51% |
| 2020 | -114 | -1953.15% |
| 2019 | 6.14 | -91.45% |
| 2018 | 71.9 | -39.95% |
| 2017 | 120 | 489.49% |
| 2016 | 20.3 | -1.7% |
| 2015 | 20.7 | 23.97% |
| 2014 | 16.7 | -60.06% |
| 2013 | 41.7 | -44.47% |
| 2012 | 75.1 | |
| 2009 | 38.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Dynamics GD | 23.8 | -152.85% | 🇺🇸 USA |
 TJX Companies TJX | 27.5 | -161.09% | 🇺🇸 USA |
 Booz Allen Hamilton
BAH | 65.8 | -246.02% | 🇺🇸 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.