The PE ratio for CareTrust REIT stock stands at 37.48 as of Dec 20, 2024. This takes into account the latest EPS of $0.73 and stock price of $27.36. A decrease of 15% has been observed in the PE ratio compared to its average of 43.9 of the last four quarters.
Over the last ten years, the average PE ratio of CareTrust REIT has been 51.49. The current 37.48 P/E ratio is 27% lower than the historical average. Looking back at the last ten years, CTRE's PE ratio peaked in the Jun 2022 quarter at 307.33, with a price of $18.44 and an EPS of $0.06. The Sep 2020 quarter marked the lowest point at 21.18, with a price of $17.8 and an EPS of $0.84.
Maximum annual increase: 66.47% in 2019
Maximum annual decrease: -47.19% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 44.76 | N/A |
2022 | N/A | N/A |
2021 | 30.85 | 18.24% |
2020 | 26.09 | -38.03% |
2019 | 42.1 | 66.47% |
2018 | 25.29 | -47.19% |
2017 | 47.89 | 62.56% |
2016 | 29.46 | -30.06% |
2015 | 42.12 | N/A |
2014 | N/A | N/A |
CTRE's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer GOOD, CTRE's PE ratio is lower, but it is higher than AVB's and GTY's. CareTrust REIT's current PE ratio of 37.48 is similar to the average of its peers, which is 37.4.
Stock name | PE ratio | Market cap |
---|---|---|
OLP One Liberty Properties Inc | 16.75 | $587.5M |
GTY Getty Realty Corp | 26.11 | $1.68B |
AVB Avalonbay Communities Inc | 30.35 | $31.6B |
CTRE CareTrust REIT Inc | 37.48 | $4.69B |
GOOD Gladstone Commercial Corp | 76.38 | $704.47M |
CTRE stock has a price to earnings ratio of 37.48 as of Dec 20, 2024.
The average PE ratio for CTRE stock over the past 3 years is 93.3.
The average PE ratio for CTRE stock over the past 5 years is 64.75.
Over the last ten years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 307.33.
CTRE's price to earnings ratio is currently 27% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), CareTrust REIT's share price is $27.36. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.73. Therefore, CareTrust REIT's PE ratio for today is 37.48. PE RATIO(37.48) = STOCK PRICE($27.36) / TTM EPS($0.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.