The PE ratio for CareTrust REIT stock stands at 50.48 as of Jul 25, 2024. This takes into account the latest EPS of $0.52 and stock price of $26.25. The PE ratio at present is nearly equal to the average from the previous 4 quarters.
Over the last ten years, the average PE ratio of CareTrust REIT has been 52.05. The current 50.48 P/E ratio is 3% 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 stocks AVB and GTY, CTRE's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OLP One Liberty Properties Inc | 19.56 | $571.39M |
| GTY Getty Realty Corp | 27.08 | $1.71B |
| AVB Avalonbay Communities Inc | 30.73 | $29.36B |
| CTRE CareTrust REIT Inc | 51.04 | $3.77B |
| GOOD Gladstone Commercial Corp | N/A | $602.02M |
CTRE stock has a price to earnings ratio of 50.48 as of Jul 25, 2024.
The average PE ratio for CTRE stock over the past 3 years is 97.25.
The average PE ratio for CTRE stock over the past 5 years is 66.56.
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 3% 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 (Jul 25, 2024), CareTrust REIT's share price is $26.25. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.52. Therefore, CareTrust REIT's PE ratio for today is 50.48. PE RATIO(50.48) = STOCK PRICE($26.25) / TTM EPS($0.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.