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APLE Apple Hospitality REIT PE ratio, current and historical analysis

The price-to-earnings ratio for Apple Hospitality REIT stock stands at 16.79 as of Jun 14, 2024. This is based on the current EPS of $0.86 and the stock price of $14.44 per share. A decrease of 20% has been recorded in the P/E ratio compared to the average of 21.0 of the last 4 quarters.

APLE PE ratio history

How has APLE's PE ratio performed in the past

Over the last nine years, the average PE ratio of Apple Hospitality REIT has been 29.92. The current 16.79 PE ratio is 44% 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.

Average
29.92
Median
22.78
Minimum
15.28
Maximum
201.88

Apple Hospitality REIT PE ratio by year

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

APLE average PE ratio chart

What is the average PE ratio of APLE for the past years

Currently, APLE's PE ratio is lower than the 3 and 5-year averages.

3-year avg
42.79
5-year avg
35.93
10-year avg
N/A
15-year avg
N/A

APLE PE vs peers

What is APLE's PE ratio compared to its peers

APLE's PE ratio is lower than its peer stocks NNN and NHI.

Stock name PE ratio Market cap
APLE Apple Hospitality REIT Inc 16.79 $3.5B
NNN National Retail Properties Inc 19.32 $7.72B
NHI National Health Investors Inc 21.78 $2.89B

Frequently asked questions

What is Apple Hospitality REIT's PE ratio?

APLE's price to earnings ratio is 16.79 as of Jun 14, 2024.

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 42.79.

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 35.93.

What is the highest PE ratio for APLE?

In the last nine 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 44% below its 9-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 14, 2024), Apple Hospitality REIT's stock price is $14.44. 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 16.79. PE RATIO(16.79) = STOCK PRICE($14.44) / TTM EPS($0.86)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.