BTB Real Estate Investment Trust
BTB-UN.TO
#7793
Rank
C$0.31 B
Marketcap
$3.58
Share price
-0.56%
Change (1 day)
25.41%
Change (1 year)

P/E ratio for BTB Real Estate Investment Trust (BTB-UN.TO)

P/E ratio as of November 2024 (TTM): 7.52

According to BTB Real Estate Investment Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.52281. At the end of 2023 the company had a P/E ratio of 6.98.

P/E ratio history for BTB Real Estate Investment Trust from 2012 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20236.98-12.08%
20227.9313.63%
20216.98-90.19%
202071.21123.75%
20195.826.15%
20185.48-22.38%
20177.06-9.95%
20167.84-55.74%
201517.755.57%
201411.480.92%
20136.3039.26%
20124.52-45.14%
20118.24

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.