The PE ratio for Rmr Group stock stands at 6.99 as of May 3, 2024. This is based on the current EPS of $3.47 and the stock price of $24.24 per share. A decrease of 11% has been seen in the P/E ratio compared to the average of 7.8 of the last 4 quarters.
Over the last nine years, the average PE ratio of Rmr Group has been 14.19. The current 6.99 PE ratio is 51% below the historical average. Over the past nine years, RMR's PE ratio was at its highest in the Mar 2021 quarter at 25.04, with a price of $40.81 and an EPS of $1.63. The Dec 2015 quarter recorded the bottom point at 4.65, with a price of $14.41 and an EPS of N/A.
Maximum annual increase: 56.61% in 2020
Maximum annual decrease: -38% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.13 | -38% |
| 2022 | 11.5 | -25.03% |
| 2021 | 15.34 | -1.16% |
| 2020 | 15.52 | 56.61% |
| 2019 | 9.91 | -36.56% |
| 2018 | 15.62 | -19.98% |
| 2017 | 19.52 | 19.9% |
| 2016 | 16.28 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, RMR's PE ratio is below the 3 and 5-year averages.
| Stock name | PE ratio | Market cap |
|---|---|---|
| RMR Rmr Group Inc | 6.99 | $768.62M |
| NYC New York City REIT Inc | N/A | $13.89M |
RMR stock has a price to earnings ratio of 6.99 as of May 3, 2024.
The average PE ratio for RMR stock over the past 3 years is 12.59.
The average PE ratio for RMR stock over the past 5 years is 14.48.
In the last nine years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 25.04.
RMR's current price to earnings ratio is 51% below its 9-year historical average.
RMR's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 6.99 is considered low.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 3, 2024), Rmr Group's stock price is $24.24. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.47. Therefore, Rmr Group's P/E ratio for today is 6.99. PE RATIO(6.99) = STOCK PRICE($24.24) / TTM EPS($3.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.