APLE
Apple Hospitality REIT
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: APLE
- PE Ratio
The price-to-earnings ratio for Apple Hospitality REIT stock stands at 22.75 as of Jun 22, 2026. This is based on the current EPS of $0.73 and the stock price of $16.61 per share. An increase of 44% has been recorded in the P/E ratio compared to the average of 15.8 of the last 4 quarters.
APLE PE ratio history
Over the last ten years, the average PE ratio of Apple Hospitality REIT has been 27.09. The current 22.75 PE ratio is 16% below the historical average. In the past ten years, APLE's PE ratio was at its highest in the Dec 2021 quarter at 201.88, with a price of $16.15 and an EPS of $0.08. The Mar 2020 quarter recorded the bottom point at 15.28, with a price of $9.17 and an EPS of $0.6.
Apple Hospitality REIT PE ratio by year
Maximum annual increase: 33.21% in 2019
Maximum annual decrease: -87.59% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.01 | -7.19% | $11.85 | $0.74 |
| 2024 | 17.25 | -20.03% | $15.35 | $0.89 |
| 2023 | 21.57 | -13.89% | $16.61 | $0.77 |
| 2022 | 25.05 | -87.59% | $15.78 | $0.63 |
| 2021 | 201.88 | N/A | $16.15 | $0.08 |
| 2020 | N/A | N/A | $12.91 | -$0.77 |
| 2019 | 21.1 | 33.21% | $16.25 | $0.77 |
| 2018 | 15.84 | -33.75% | $14.26 | $0.9 |
| 2017 | 23.91 | -9.05% | $19.61 | $0.82 |
| 2016 | 26.29 | -14.42% | $19.98 | $0.76 |
| 2015 | 30.72 | N/A | $19.97 | $0.65 |
| 2014 | N/A | N/A | N/A | $0.04 |
| 2013 | N/A | N/A | N/A | $1.26 |
| 2012 | N/A | N/A | N/A | $0.82 |
| 2011 | N/A | N/A | N/A | $0.76 |
Apple Hospitality REIT PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 15.77 | -1.5% | $11.51 | $0.73 |
| Dec 2025 | 16.01 | -1.36% | $11.85 | $0.74 |
| Sep 2025 | 16.23 | 5.66% | $12.01 | $0.74 |
| Jun 2025 | 15.36 | -4.83% | $11.67 | $0.76 |
| Mar 2025 | 16.14 | -6.43% | $12.91 | $0.8 |
| Dec 2024 | 17.25 | -1.26% | $15.35 | $0.89 |
| Sep 2024 | 17.47 | 5.75% | $14.85 | $0.85 |
| Jun 2024 | 16.52 | -13.28% | $14.54 | $0.88 |
| Mar 2024 | 19.05 | -11.68% | $16.38 | $0.86 |
| Dec 2023 | 21.57 | -1.55% | $16.61 | $0.77 |
| Sep 2023 | 21.91 | 1.48% | $15.34 | $0.7 |
| Jun 2023 | 21.59 | -2.62% | $15.11 | $0.7 |
| Mar 2023 | 22.17 | -11.5% | $15.52 | $0.7 |
| Dec 2022 | 25.05 | 22.91% | $15.78 | $0.63 |
| Sep 2022 | 20.38 | -20.82% | $14.06 | $0.69 |
APLE Price vs fair value
APLE average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, APLE's PE ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
PE comparison
With a P/E of 22.75, APLE stands below the Real Estate sector and the industry average. But compared to its Real Estate sector average of 23.85, Apple Hospitality REIT's P/E is only 4.6% lower.
APLE PE vs peers
APLE's PE ratio is lower than its peer stock NHI, but it is greater than NNN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 22.45 | $8.76B |
| APLE Apple Hospitality REIT Inc | 22.74 | $3.92B |
| NHI National Health Investors Inc | 23.48 | $3.54B |
Frequently asked questions
What is Apple Hospitality REIT's PE ratio?
APLE's price to earnings ratio is 22.75 as of Jun 22, 2026.
What is the 3-year average PE ratio for Apple Hospitality REIT (APLE)?
Over the last 3 years, the average price to earnings ratio for APLE stock is 17.91.
What is the 5-year average PE ratio for Apple Hospitality REIT (APLE)?
Over the last 5 years, the average price to earnings ratio for APLE stock is 31.04.
What is the highest PE ratio for APLE?
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 201.88.
How does the current PE ratio for APLE compare to its historical average?
APLE's current price to earnings ratio is 16% below its 10-year historical average.
How is APLE's PE ratio calculated (Apple Hospitality REIT PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 22, 2026), Apple Hospitality REIT's stock price is $16.61. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.73. Therefore, Apple Hospitality REIT's P/E ratio for today is 22.75. PE RATIO(22.75) = STOCK PRICE($16.61) / TTM EPS($0.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.