The PE ratio for Blackstone Mortgage Trust stock stands at 447.75 as of Apr 26, 2024. This is calculated based on the TTM EPS of $0.04 and the stock price of $17.91 per share. The current PE ratio is about the same compared to the last 4 quarters average.
Over the last ten years, the average PE ratio of Blackstone Mortgage Trust has been 26.5. The current 447.75 price-to-earnings ratio is in line with the historical average. Analyzing the last ten years, BXMT's PE ratio reached its highest point in the Mar 2024 quarter at 497.75, with a price of $19.91 and an EPS of $0.04. The Sep 2022 quarter saw the lowest point at 9.3, with a price of $23.34 and an EPS of $2.51.
Maximum annual increase: 79.17% in 2020
Maximum annual decrease: -61.06% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.87 | 2.55% |
| 2022 | 14.5 | 31.22% |
| 2021 | 11.05 | -61.06% |
| 2020 | 28.38 | 79.17% |
| 2019 | 15.84 | 24.33% |
| 2018 | 12.74 | -10.16% |
| 2017 | 14.18 | 19.26% |
| 2016 | 11.89 | 7.12% |
| 2015 | 11.1 | -29.16% |
| 2014 | 15.67 | -53.21% |
Currently, BXMT's PE ratio is above its 3, 5 and 10-year averages.
BXMT's PE ratio is above its peer stocks AVB and CUZ.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVB Avalonbay Communities Inc | 29.18 | $27.19B |
| CUZ Cousins Properties Inc | 45.72 | $3.48B |
| DEA Easterly Government Properties Inc | 61.53 | $1.2B |
| BXMT Blackstone Mortgage Trust Inc | 447.75 | $3.11B |
| CMCT CIM Commercial Trust Corp | N/A | $76.34M |
The price to earnings ratio for BXMT stock as of Apr 26, 2024, stands at 447.75.
As an average over the last 3 years, BXMT stock has a PE ratio of 53.11.
As an average over the last 5 years, BXMT stock has a PE ratio of 39.6.
Over the last ten years, the quarterly PE ratio reached its highest level at 497.75 in the Mar 2024 quarter.
The current PE ratio of BXMT is 1,590% higher than the 10-year historical average.
BXMT's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Blackstone Mortgage Trust's share price is $17.91. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.04. Therefore, Blackstone Mortgage Trust's price to earnings ratio for today is 447.75. PE RATIO(447.75) = STOCK PRICE($17.91) / TTM EPS($0.04)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.