Tritax Big Box REIT
BBOX.L
#2948
Rank
HK$41.73 B
Marketcap
HK$15.44
Share price
-0.13%
Change (1 day)
12.09%
Change (1 year)

P/E ratio for Tritax Big Box REIT (BBOX.L)

P/E ratio at the end of 2024: 6.93

According to Tritax Big Box REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 6.93.

P/E ratio history for Tritax Big Box REIT from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.93-85.15%
202346.7-1098.44%
2022-4.68-207.53%
20214.35-29.13%
20206.14-65.2%
201917.6125.88%
20187.815.12%
20177.43-47.51%
201614.1162.25%
20155.40-10.01%
20146.00

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.