Corem Property Group AB
CORE-PREF.ST
#3915
Rank
S$3.31 B
Marketcap
$32.71
Share price
-0.94%
Change (1 day)
54.37%
Change (1 year)

P/E ratio for Corem Property Group AB (CORE-PREF.ST)

P/E ratio as of November 2024 (TTM): 48.0

According to Corem Property Group AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.9994. At the end of 2021 the company had a P/E ratio of 58.7.

P/E ratio history for Corem Property Group AB from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202158.7-109.54%
2020-615-1410.83%
201946.9-51.52%
201896.8-25.78%
20171306.66%
2016122-15.82%
2015145-89.33%
2014> 1000306.25%
2013335-45.9%
2012619-78.66%
2011> 10001079.24%
2010246

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.