As of May 3, 2024, the Four Corners Property Trust stock's PE ratio is 22.56. This takes into account the latest EPS of $1.07 and stock price of $24.14. The PE ratio at present is nearly equal to the average from the previous four quarters.
The PE ratio of Four Corners Property Trust has averaged 20.89 over the last nine years. The current P/E ratio of 22.56 is 8% higher than the historical average. Looking back at the last nine years, FCPT's PE ratio peaked in the Dec 2020 quarter at 27.56, when the price was $29.77 and the EPS was $1.08. The lowest point was in the Dec 2016 quarter, when it reached 7.46 with a price of $20.52 and an EPS of $2.75.
Maximum annual increase: 191.96% in 2017
Maximum annual decrease: -71.59% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.43 | 8.42% |
| 2022 | 21.61 | -17.71% |
| 2021 | 26.26 | -4.72% |
| 2020 | 27.56 | 3.65% |
| 2019 | 26.59 | 30.92% |
| 2018 | 20.31 | -6.75% |
| 2017 | 21.78 | 191.96% |
| 2016 | 7.46 | -71.59% |
| 2015 | 26.26 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of FCPT is lower than its 3 and 5-year averages.
In comparison to its peer stock NNN, FCPT's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 19.17 | $7.66B |
| FCPT Four Corners Property Trust Inc | 22.56 | $2.22B |
The price to earnings ratio for FCPT stock is 22.56 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for FCPT stock is 23.01.
Over the last 5 years, the average price to earnings ratio for FCPT stock is 23.48.
The highest quarterly PE ratio in the last nine years has been 27.56 and it was in the Dec 2020 quarter.
FCPT's price to earnings ratio is currently 8% above its 9-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Four Corners Property Trust's share price is $24.14. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.07. Therefore, Four Corners Property Trust's PE ratio for today is 22.56. PE RATIO(22.56) = STOCK PRICE($24.14) / TTM EPS($1.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.