Industrial Logistics Properties Trust
ILPT
#7660
Rank
โ‚ฌ0.23 B
Marketcap
3,49ย โ‚ฌ
Share price
0.54%
Change (1 day)
36.86%
Change (1 year)

P/E ratio for Industrial Logistics Properties Trust (ILPT)

P/E ratio as of November 2024 (TTM): -2.25

According to Industrial Logistics Properties Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.25301. At the end of 2022 the company had a P/E ratio of -0.9397.

P/E ratio history for Industrial Logistics Properties Trust from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.9397-106.9%
202113.6-25.76%
202018.3-33.75%
201927.763.23%
201817.0-10.51%
201718.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.54 12.61%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-1,067.45%๐Ÿ‡บ๐Ÿ‡ธ USA
40.1-1,881.87%๐Ÿ‡บ๐Ÿ‡ธ USA

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.