P/E ratio for Whitestone REIT (WSR)
P/E ratio as of April 2024 (TTM): 15.0
According to Whitestone REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.9605. 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 |
|---|---|---|
| 2022 | 13.6 | -65.15% |
| 2021 | 39.0 | -31.56% |
| 2020 | 56.9 | 142.43% |
| 2019 | 23.5 | 3.43% |
| 2018 | 22.7 | -65.34% |
| 2017 | 65.5 | 22.98% |
| 2016 | 53.3 | 10.86% |
| 2015 | 48.0 | 4.92% |
| 2014 | 45.8 | -24.66% |
| 2013 | 60.8 | -82.7% |
| 2012 | 351 | 224.68% |
| 2011 | 108 | 97.36% |
| 2010 | 54.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Iron Mountain IRM | 80.7 | 439.53% | 🇺🇸 USA |
 Mid-America Apartment Communities MAA | 25.8 | 72.42% | 🇺🇸 USA |
 Annaly Capital Management
NLY | -4.03 | -126.91% | 🇺🇸 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.