Arena REIT
ARF.AX
#5608
Rank
S$1.22 B
Marketcap
$3.06
Share price
0.28%
Change (1 day)
-5.99%
Change (1 year)

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

P/E ratio at the end of 2023: 17.4

According to Arena REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5531. At the end of 2023 the company had a P/E ratio of 17.4.

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

PE ratio at the end of each year

Year P/E ratio Change
202317.4308.41%
20224.26-31.48%
20216.22-24.91%
20208.28-27.45%
201911.449.34%
20187.6565.29%
20174.63-15.74%
20165.4924.2%
20154.4216.37%
20143.80-32.46%
20135.62

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.