RMR Real Estate Income Fund P/E
What is the P/E of RMR Real Estate Income Fund?
The P/E of RMR Real Estate Income Fund is 90.53
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Finance sector on NYSEMKT compared to RMR Real Estate Income Fund
What does RMR Real Estate Income Fund do?
RMR Real Estate Income Fund is a closed-end investment fund/investment trust. Its objective is to earn and pay to its common shareholders a high level of current income by investing in real estate companies. The company was founded in 2003 and is headquartered in Newton, MA.
Companies with p/e similar to RMR Real Estate Income Fund
- Jade Road Investments has P/E of 90.00
- Ajmera Realty & Infra India has P/E of 90.00
- Concord Drugs has P/E of 90.13
- Honeywell Automation India has P/E of 90.42
- Compagnie de Saint-Gobain SA has P/E of 90.42
- Relaxo Footwears has P/E of 90.48
- RMR Real Estate Income Fund has P/E of 90.53
- PotlatchDeltic Corp has P/E of 90.53
- Income Fund has P/E of 90.59
- Linde India has P/E of 90.69
- Solution has P/E of 90.85
- VAT AG has P/E of 90.85
- Columbia , Inc has P/E of 90.89