The PE ratio for Broadstone Net Lease stock stands at 17.61 as of May 1, 2024. This is based on the current EPS of $0.83 and the stock price of $14.62 per share. A decrease of 5% has been recorded in the PE ratio compared to the average of 18.6 of the past four quarters.
Over the last four years, the average PE ratio of Broadstone Net Lease has been 29.8. The current 17.61 price-to-earnings ratio is 41% less than the historical average. In the past four years, BNL's PE ratio reached its highest point in the Jun 2021 quarter at 47.78, with a price of $23.41 and an EPS of $0.49. The Sep 2023 quarter saw the lowest point at 14.3, with a price of $14.3 and an EPS of $1.
Maximum annual decrease: -39.23% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 20.75 | -7.82% |
| 2022 | 22.51 | -39.23% |
| 2021 | 37.04 | -16.76% |
| 2020 | 44.5 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, BNL's PE ratio is lower than the 3-year average.
BNL's PE ratio is below its peer stock NNN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BNL Broadstone Net Lease Inc | 17.61 | $2.74B |
| NNN National Retail Properties Inc | 18.67 | $7.46B |
BNL's price to earnings ratio is 17.61 as of May 1, 2024.
The average PE ratio for BNL stock over the past 3 years is 27.85.
In the last four years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 47.78.
BNL's current price to earnings ratio is 41% below its 4-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (May 1, 2024), Broadstone Net Lease's stock price is $14.62. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.83. Therefore, Broadstone Net Lease's price to earnings ratio for today is 17.61. PE RATIO(17.61) = STOCK PRICE($14.62) / TTM EPS($0.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.