The price-to-earnings ratio for Apple Hospitality REIT stock stands at 19.48 as of Apr 26, 2024. This is based on the current EPS of $0.77 and the stock price of $15 per share. A decrease of 11% has been recorded in the P/E ratio compared to the average of 21.8 of the last 4 quarters.
Over the last nine years, the average PE ratio of Apple Hospitality REIT has been 30.3. The current 19.48 PE ratio is 36% below the historical average. In the past nine 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.
Maximum annual increase: 33.21% in 2019
Maximum annual decrease: -87.59% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 21.57 | -13.89% |
| 2022 | 25.05 | -87.59% |
| 2021 | 201.88 | N/A |
| 2020 | N/A | N/A |
| 2019 | 21.1 | 33.21% |
| 2018 | 15.84 | -33.75% |
| 2017 | 23.91 | -9.05% |
| 2016 | 26.29 | -14.42% |
| 2015 | 30.72 | N/A |
| 2014 | N/A | N/A |
Currently, APLE's PE ratio is lower than the 3 and 5-year averages.
APLE's PE ratio is higher than its peer stock NNN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 18.87 | $7.44B |
| APLE Apple Hospitality REIT Inc | 19.48 | $3.62B |
APLE's price to earnings ratio is 19.48 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for APLE stock is 45.43.
Over the last 5 years, the average price to earnings ratio for APLE stock is 37.23.
In the last nine years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 201.88.
APLE's current price to earnings ratio is 36% below its 9-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Apple Hospitality REIT's stock price is $15. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.77. Therefore, Apple Hospitality REIT's P/E ratio for today is 19.48. PE RATIO(19.48) = STOCK PRICE($15) / TTM EPS($0.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.