Price to Earning ratio Analysis of Global Medical REIT Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY PE
Period Ending - Dec-23
Very Poor PE
27.28
Period Ending - Dec-22
Very Poor PE
44.62
Growth
-38.87 %
Trailing Twelve Months PE
Period Ending - Dec-23
Very Poor PE
33.40
PE Analysis of Global Medical REIT Inc
| P/E Ratio of Global Medical REIT Inc with value of 33.40 shows that stock price is high compared to company earnings and may be overvalued. |
| PE Ratio of GMRE drastically fell by -38.87 % this year. |
| PE Ratio with value of 44.62 was highest in Year Dec-22 in last Five Years. |
| PE Ratio with value of -218.18 was lowest in Year Dec-20 in last Five Years. |
| Latest PE Ratio with value of 27.28 is Greater than Average PE of -16.35 in last five years. |
Other PE Related Info of GMRE that may interest you.
Global Medical REIT Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| GMRE | 9.08 | 9.02 | 0.665 % | REIT-Healthcare Facilities |
Defination of Price to Earning
PE Ratio measures the relationship between the company's current stock price and EPS (Earnings Per Share). PE Ratio indicates how many times investors pay money to get 1 rupee of return. It is one of the important parameters to evaluate whether a company's stock price is overvalued or undervalued. more ..
PE Related Ratios
| PriceToSalesRatio | PriceToBookRatio | PriceToCashFlowRatio |
Tsr Value Index
| Mild Value | |
FY - Historical Price to Earning of Global Medical REIT Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| PE | 27.28 | 44.62 | 31.25 | -218.18 | 33.30 | 14.79 | -4687.43 |
| Change | -38.87 % | 42.82 % | 114.32 % | -755.20 % | 125.18 % | 100.32 % | -35159.07 % |
FY Chart of Price to Earning of Global Medical REIT Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)