Retail Estates NV
RET.BR
#5796
Rank
HK$8.52 B
Marketcap
HK$567.51
Share price
-0.63%
Change (1 day)
26.99%
Change (1 year)

P/E ratio for Retail Estates NV (RET.BR)

P/E ratio at the end of 2024: 6.03

According to Retail Estates NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.85698. At the end of 2024 the company had a P/E ratio of 6.03.

P/E ratio history for Retail Estates NV from 2006 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.0365.45%
20233.64-25.12%
20224.87-33.87%
20217.3626.3%
20205.83-37.48%
20199.3234.43%
20186.932%
20176.79-10.92%
20167.630.42%
20157.6047.48%
20145.1525.01%
20134.1228.88%
20123.2020.83%
20112.65-22.97%
20103.4348.25%
20092.3243.54%
20081.61-10.34%
20071.80-17.94%
20062.19

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.