P/E ratio for Retail Estates NV (RET.BR)
P/E ratio at the end of 2023: 4.92
According to Retail Estates NV's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.34842. At the end of 2023 the company had a P/E ratio of 4.92.
P/E ratio history for Retail Estates NV from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 4.92 | -29.52% |
| 2022 | 6.97 | -38.46% |
| 2021 | 11.3 | 17.66% |
| 2020 | 9.63 | -40.71% |
| 2019 | 16.2 | 28.19% |
| 2018 | 12.7 | -2.3% |
| 2017 | 13.0 | -14.71% |
| 2016 | 15.2 | -2.54% |
| 2015 | 15.6 | 39.35% |
| 2014 | 11.2 | 18.76% |
| 2013 | 9.43 | 22.23% |
| 2012 | 7.71 | 14.16% |
| 2011 | 6.76 | -27.72% |
| 2010 | 9.35 | 39.61% |
| 2009 | 6.69 | |
| 2007 | 5.83 | -21.56% |
| 2006 | 7.43 |
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.