Ascendas Reit
A17U.SI
#1979
Rank
NZ$14.41 B
Marketcap
$3.28
Share price
-0.39%
Change (1 day)
-4.25%
Change (1 year)

P/E ratio for Ascendas Reit (A17U.SI)

P/E ratio as of December 2024 (TTM): 16.0

According to Ascendas Reit's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9533. At the end of 2018 the company had a P/E ratio of 15.8.

P/E ratio history for Ascendas Reit from 2010 to 2019

PE ratio at the end of each year

Year P/E ratio Change
201815.8-16.47%
201719.012.79%
201616.826.09%
201513.37.73%
201412.43.49%
201312.024.02%
20129.6556.13%
20116.18-47.14%
201011.7

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.