RioCan Real Estate Investment Trust Stock

RioCan Real Estate Investment Trust P/E 2024

RioCan Real Estate Investment Trust P/E

10.92

Ticker

REI.UN.TO

ISIN

CA7669101031

WKN

902914

As of Dec 24, 2024, RioCan Real Estate Investment Trust's P/E ratio was 10.92, a -92.9% change from the 153.87 P/E ratio recorded in the previous year.

The RioCan Real Estate Investment Trust P/E history

RioCan Real Estate Investment Trust Aktienanalyse

What does RioCan Real Estate Investment Trust do?

RioCan Real Estate Investment Trust is Canada's largest real estate investment company. It was founded in 1993 by Edward Sonshine, the current CEO. RioCan REIT has been listed on the Toronto Stock Exchange since 1994 and is headquartered in Toronto, Ontario. The core business of RioCan REIT is the management of shopping centers across Canada, including large and small shopping centers, leisure centers, power centers, and SmartCentres. The company has several joint ventures with other real estate companies and also manages some retail spaces in the United States. RioCan REIT aims to maximize its properties through a flexible and tailored offering and generate long-term capital returns for investors. RioCan REIT's properties are located in prime locations as well as emerging areas and offer an attractive mix of national and international retail chains. The company is divided into several business segments to effectively manage its real estate portfolio and promote customer experience. RioCan REIT provides retail marketing, property management, construction and development management, and tenant support to assist in the operation of retail businesses. RioCan REIT's retail marketing department actively collaborates with commercial tenants to optimize their locations in the company's shopping centers. The property management sector is responsible for managing RioCan REIT's properties to ensure that locations are clean, safe, and attractive. The construction and development management division is the key driver for new projects and the development of existing properties. One of the products offered by RioCan REIT is SmartCentres. This is a business segment that specializes in the development and operation of shopping centers. SmartCentres operates approximately 150 shopping centers in Canada and is one of the country's largest retailers. SmartCentres also collaborates with supermarkets and other retailers to provide customers with a comprehensive shopping experience. Another product offered by RioCan REIT is the online shopping platform STC. STC, or Scarborough Town Centre, is an online shopping platform that offers customers a variety of local retail stores. Customers can select products online and pick them up at one of the many shopping centers. STC also offers delivery services. In recent years, RioCan REIT has focused on modernizing its properties. The company has made efforts to modernize older shopping centers to enhance customer attractiveness and shopping experiences. The establishment of leisure centers, restaurants, and childcare facilities is part of these efforts. Overall, RioCan REIT is a leading real estate investment company in Canada. The company operates over 200 retail properties across the country and continuously strives to provide its customers with the best shopping experience. RioCan REIT is also committed to preserving existing properties by modernizing and renovating older sites. RioCan Real Estate Investment Trust ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering RioCan Real Estate Investment Trust's P/E Ratio

The Price to Earnings (P/E) Ratio of RioCan Real Estate Investment Trust is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing RioCan Real Estate Investment Trust's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of RioCan Real Estate Investment Trust is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in RioCan Real Estate Investment Trust’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about RioCan Real Estate Investment Trust stock

What is the price-to-earnings ratio of RioCan Real Estate Investment Trust?

The price-earnings ratio of RioCan Real Estate Investment Trust is currently 10.92.

How has the price-earnings ratio of RioCan Real Estate Investment Trust changed compared to last year?

The price-to-earnings ratio of RioCan Real Estate Investment Trust has increased by -92.9% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of RioCan Real Estate Investment Trust high compared to other companies?

Yes, the price-to-earnings ratio of RioCan Real Estate Investment Trust is high compared to other companies.

How does an increase in the price-earnings ratio of RioCan Real Estate Investment Trust affect the company?

An increase in the price-earnings ratio of RioCan Real Estate Investment Trust would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of RioCan Real Estate Investment Trust affect the company?

A decrease in the price-earnings ratio of RioCan Real Estate Investment Trust would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of RioCan Real Estate Investment Trust?

Some factors that influence the price-earnings ratio of RioCan Real Estate Investment Trust are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does RioCan Real Estate Investment Trust pay?

Over the past 12 months, RioCan Real Estate Investment Trust paid a dividend of 1.07 CAD . This corresponds to a dividend yield of about 5.89 %. For the coming 12 months, RioCan Real Estate Investment Trust is expected to pay a dividend of 1.08 CAD.

What is the dividend yield of RioCan Real Estate Investment Trust?

The current dividend yield of RioCan Real Estate Investment Trust is 5.89 %.

When does RioCan Real Estate Investment Trust pay dividends?

RioCan Real Estate Investment Trust pays a quarterly dividend. This is distributed in the months of October, October, November, December.

How secure is the dividend of RioCan Real Estate Investment Trust?

RioCan Real Estate Investment Trust paid dividends every year for the past 23 years.

What is the dividend of RioCan Real Estate Investment Trust?

For the upcoming 12 months, dividends amounting to 1.08 CAD are expected. This corresponds to a dividend yield of 5.89 %.

In which sector is RioCan Real Estate Investment Trust located?

RioCan Real Estate Investment Trust is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von RioCan Real Estate Investment Trust kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of RioCan Real Estate Investment Trust from 12/6/2024 amounting to 0.093 CAD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.

When did RioCan Real Estate Investment Trust pay the last dividend?

The last dividend was paid out on 12/6/2024.

What was the dividend of RioCan Real Estate Investment Trust in the year 2023?

In the year 2023, RioCan Real Estate Investment Trust distributed 1.015 CAD as dividends.

In which currency does RioCan Real Estate Investment Trust pay out the dividend?

The dividends of RioCan Real Estate Investment Trust are distributed in CAD.

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Andere Kennzahlen von RioCan Real Estate Investment Trust

Our stock analysis for RioCan Real Estate Investment Trust Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RioCan Real Estate Investment Trust Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.