As of Jul 26, 2024, the Phillips Edison stock's P/E ratio is 72.38. This results from the current EPS of $0.47 and stock price of $34.02. The current PE ratio is nearly equal to the average from the previous 4 quarters.
The PE ratio of Phillips Edison has averaged 130.6 over the last three years. The current price-to-earnings ratio of 72.38 is 45% less than the historical average. In the past three years, PECO's PE ratio reached its highest point in the Sep 2021 quarter at 383.88, when the stock price was $30.71 and the EPS was $0.08. The lowest point was recorded in the Mar 2023 quarter, when it reached 69.4 with a price of $32.62 and an EPS of $0.47.
Maximum annual increase: 0.25% in 2023
Maximum annual decrease: -65.58% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 76 | 0.25% |
| 2022 | 75.81 | -65.58% |
| 2021 | 220.27 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
PECO's current P/E ratio is lower than the 3-year average.
When compared to its peer stocks NNN and NHI, PECO's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 20.88 | $8.35B |
| NHI National Health Investors Inc | 24.61 | $3.26B |
| PECO Phillips Edison & Company Inc | 72.38 | $4.16B |
The price to earnings ratio for PECO stock is 72.38 as of Jul 26, 2024.
The average PE ratio for PECO stock over the past 3 years is 130.6.
The highest quarterly PE ratio in the last three years has been 383.88 and it was in the Sep 2021 quarter.
PECO's price to earnings ratio is currently 45% below its 3-year historical average.
PECO's PE ratio of 72.38 is considered high because the company's stock price is trading at a higher multiple of earnings.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 26, 2024), Phillips Edison's stock price is $34.02. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.47. Therefore, Phillips Edison's price to earnings ratio for today is 72.38. PE RATIO(72.38) = STOCK PRICE($34.02) / TTM EPS($0.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.