The price-to-earnings ratio for Apple Hospitality REIT stock stands at 17.43 as of Jul 26, 2024. This is based on the current EPS of $0.86 and the stock price of $14.99 per share. A decrease of 17% has been recorded in the P/E ratio compared to the average of 21.0 of the last 4 quarters.
Over the last ten years, the average PE ratio of Apple Hospitality REIT has been 29.92. The current 17.43 PE ratio is 42% 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.
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 lower than its peer stocks NNN and NHI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| APLE Apple Hospitality REIT Inc | 17.43 | $3.63B |
| NNN National Retail Properties Inc | 20.88 | $8.35B |
| NHI National Health Investors Inc | 24.61 | $3.26B |
APLE's price to earnings ratio is 17.43 as of Jul 26, 2024.
Over the last 3 years, the average price to earnings ratio for APLE stock is 42.79.
Over the last 5 years, the average price to earnings ratio for APLE stock is 37.29.
In the last ten years, the Dec 2021 quarter recorded the highest quarterly PE ratio at 201.88.
APLE's current price to earnings ratio is 42% below its 10-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 (Jul 26, 2024), Apple Hospitality REIT's stock price is $14.99. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.86. Therefore, Apple Hospitality REIT's P/E ratio for today is 17.43. PE RATIO(17.43) = STOCK PRICE($14.99) / TTM EPS($0.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.