SITE Centers
SITC
#5811
Rank
ยฃ0.64 B
Marketcap
ยฃ12.27
Share price
-0.38%
Change (1 day)
-71.26%
Change (1 year)

P/E ratio for SITE Centers (SITC)

P/E ratio as of November 2024 (TTM): 38.7

According to SITE Centers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.6829. At the end of 2022 the company had a P/E ratio of 73.8.

P/E ratio history for SITE Centers from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202273.8-41.69%
2021127-74.97%
2020506197.75%
201917068.86%
2018101-351.74%
2017-40.0-108.72%
2016458-322.57%
2015-206-181.53%
2014253-165.02%
2013-38865.29%
2012-2355.28%
2011-223389.45%
2010-45.6250.56%
2009-13.0-14.69%
2008-15.2-122.32%
200768.3-40.16%
200611454.48%
200573.915.56%
200464.033.33%
200348.0-22.02%
200261.516.11%
200153.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-2.54-106.56%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8-43.65%๐Ÿ‡บ๐Ÿ‡ธ USA
40.1 3.78%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.