As of May 2, 2024, the Phillips Edison stock's P/E ratio is 70.36. This results from the current EPS of $0.47 and stock price of $33.07. The PE ratio has decreased by 4.5% from the past four quarters average of 73.7.
The PE ratio of Phillips Edison has averaged 130.6 over the last three years. The current price-to-earnings ratio of 70.36 is 46% 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 |
When compared to its peer stock NNN, PECO's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 19.07 | $7.62B |
| PECO Phillips Edison & Company Inc | 70.36 | $4.05B |
The price to earnings ratio for PECO stock is 70.36 as of May 2, 2024.
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 46% below its 3-year historical average.
PECO's PE ratio of 70.36 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 (May 2, 2024), Phillips Edison's stock price is $33.07. 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 70.36. PE RATIO(70.36) = STOCK PRICE($33.07) / TTM EPS($0.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.