Arena REIT
ARF.AX
#5706
Rank
HK$6.92 B
Marketcap
HK$17.37
Share price
0.00%
Change (1 day)
-3.47%
Change (1 year)

P/E ratio for Arena REIT (ARF.AX)

P/E ratio at the end of 2023: 17.1

According to Arena REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8446. At the end of 2023 the company had a P/E ratio of 17.1.

P/E ratio history for Arena REIT from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.1308.41%
20224.20-31.48%
20216.13-24.91%
20208.16-27.45%
201911.249.34%
20187.5365.29%
20174.56-15.74%
20165.4124.2%
20154.3516.37%
20143.74-32.46%
20135.54

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.