Whitestone REIT
WSR
#6053
Rank
$0.71 B
Marketcap
$13.96
Share price
2.66%
Change (1 day)
30.47%
Change (1 year)

P/E ratio for Whitestone REIT (WSR)

P/E ratio as of November 2024 (TTM): 18.4

According to Whitestone REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3684. At the end of 2022 the company had a P/E ratio of 13.6.

P/E ratio history for Whitestone REIT from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.6-65.15%
202139.0-31.56%
202056.9142.43%
201923.53.43%
201822.7-65.34%
201765.522.98%
201653.310.86%
201548.04.92%
201445.8-24.66%
201360.8-82.7%
2012351224.68%
201110897.36%
201054.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.06-122.10%๐Ÿ‡บ๐Ÿ‡ธ USA
30.4 65.37%๐Ÿ‡บ๐Ÿ‡ธ USA
127 593.56%๐Ÿ‡บ๐Ÿ‡ธ 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.