Alexandria Real Estate Equities
ARE
#1047
Rank
HK$144.02 B
Marketcap
HK$824.14
Share price
1.51%
Change (1 day)
1.23%
Change (1 year)
Alexandria Real Estate Equities, Inc. is a real estate investment trust that invests in office buildings and laboratories.

P/E ratio for Alexandria Real Estate Equities (ARE)

P/E ratio as of November 2024 (TTM): 51.7

According to Alexandria Real Estate Equities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.6537. At the end of 2022 the company had a P/E ratio of 46.5.

P/E ratio history for Alexandria Real Estate Equities from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202246.5-20.89%
202158.893.43%
202030.4-41.65%
201952.160.57%
201832.5
201487.9120.97%
201339.8-37.48%
201263.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.5-73.84%๐Ÿ‡บ๐Ÿ‡ธ USA
20.4-60.42%๐Ÿ‡บ๐Ÿ‡ธ USA
138 167.41%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.15-109.97%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-71.60%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5-60.34%๐Ÿ‡บ๐Ÿ‡ธ USA
-60.0-216.25%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.