The PE ratio for Broadstone Net Lease stock stands at 18.22 as of Jul 25, 2024. This is based on the current EPS of $0.97 and the stock price of $17.67 per share. An increase of 6% has been recorded in the PE ratio compared to the average of 17.1 of the past four quarters.
Over the last four years, the average PE ratio of Broadstone Net Lease has been 28.89. The current 18.22 price-to-earnings ratio is 37% 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 stocks NNN and NHI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BNL Broadstone Net Lease Inc | 18.58 | $3.4B |
| NNN National Retail Properties Inc | 20.88 | $8.35B |
| NHI National Health Investors Inc | 24.61 | $3.26B |
BNL's price to earnings ratio is 18.22 as of Jul 25, 2024.
The average PE ratio for BNL stock over the past 3 years is 24.97.
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 37% 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 (Jul 25, 2024), Broadstone Net Lease's stock price is $17.67. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.97. Therefore, Broadstone Net Lease's price to earnings ratio for today is 18.22. PE RATIO(18.22) = STOCK PRICE($17.67) / TTM EPS($0.97)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.