Safehold
SAFE
#4899
Rank
โ‚ฌ1.37 B
Marketcap
19,27ย โ‚ฌ
Share price
-0.05%
Change (1 day)
23.11%
Change (1 year)

P/E ratio for Safehold (SAFE)

P/E ratio as of November 2024 (TTM): -19.3

According to Safehold 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19.3429. At the end of 2022 the company had a P/E ratio of 22.1.

P/E ratio history for Safehold from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.1-76.12%
202192.449.64%
202061.8-16.03%
201973.63.84%
201870.9-133.3%
2017-213-228.5%
2016166

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.37-87.75%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-209.78%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0-301.45%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.