City Office REIT
CIO
#7854
Rank
โ‚น18.09 B
Marketcap
โ‚น450.59
Share price
-0.74%
Change (1 day)
30.34%
Change (1 year)

P/E ratio for City Office REIT (CIO)

P/E ratio as of November 2024 (TTM): -12.0

According to City Office REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.9528. At the end of 2022 the company had a P/E ratio of 45.7.

P/E ratio history for City Office REIT from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202245.72440.67%
20211.80-101.11%
2020-16368.61%
2019-96.6-929.1%
201811.6-104.48%
2017-260472.95%
2016-45.497.61%
2015-23.0-91.51%
2014-271

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-29.8 149.09%๐Ÿ‡บ๐Ÿ‡ธ USA
50.2-519.78%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.