P/E ratio for Link REIT (0823.HK)
P/E ratio at the end of 2022: 21.2
According to Link REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 21.2.
P/E ratio history for Link REIT from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.2 | -83.86% |
| 2021 | 131 | -1713.33% |
| 2020 | -8.12 | -181.55% |
| 2019 | 9.96 | 213.69% |
| 2018 | 3.18 | -54.89% |
| 2017 | 7.04 | 6.01% |
| 2016 | 6.64 | 59.05% |
| 2015 | 4.18 | -20.13% |
| 2014 | 5.23 | 9.66% |
| 2013 | 4.77 | -31.56% |
| 2012 | 6.96 | 93.78% |
| 2011 | 3.59 | 2.64% |
| 2010 | 3.50 | -93.69% |
| 2009 | 55.5 | 628.66% |
| 2008 | 7.62 |
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.