Mori Hills REIT Investment
3234.T
#4844
Rank
$1.51 B
Marketcap
$788.28
Share price
-0.40%
Change (1 day)
-19.43%
Change (1 year)

P/E ratio for Mori Hills REIT Investment (3234.T)

P/E ratio at the end of 2024: 18.9

According to Mori Hills REIT Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.239. At the end of 2024 the company had a P/E ratio of 18.9.

P/E ratio history for Mori Hills REIT Investment from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202418.9-2.57%
202319.4-8.49%
202221.29.73%
202119.323.59%
202015.6-19.96%
201919.58.32%
201818.0-1.94%
201718.4-10.15%
201620.4-15.89%
201524.32.62%
201423.728.97%
201318.495.03%
20129.4116.02%
20118.1144.7%
20105.61-28.96%
20097.89

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.