Rexford Industrial
REXR
#1734
Rank
โ‚ฌ9.23 B
Marketcap
40,05ย โ‚ฌ
Share price
-1.66%
Change (1 day)
-6.70%
Change (1 year)

P/E ratio for Rexford Industrial (REXR)

P/E ratio as of November 2024 (TTM): 40.0

According to Rexford Industrial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.9714. At the end of 2022 the company had a P/E ratio of 59.4.

P/E ratio history for Rexford Industrial from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202259.4-41.42%
20211015.29%
202096.3-0.9%
201997.238.48%
201870.215.5%
201760.8-8.31%
201666.3-86.61%
20154950.57%
2014492

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.7-20.69%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6-20.84%๐Ÿ‡บ๐Ÿ‡ธ USA
35.4-11.41%๐Ÿ‡บ๐Ÿ‡ธ USA
70.2 75.70%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.