As of Jul 10, 2025, the GMRE stock has a P/E ratio of 238.67. The calculation is based on the latest EPS of $0.03 and the stock price of $7.16 per share.
The mean historical PE ratio of Global Medical REIT over the last eight years is 133.18. The current 238.67 price-to-earnings ratio is 79% more than the historical average. Analyzing the last eight years, GMRE's PE ratio reached its highest point in the Dec 2024 quarter at 772, with a price of $7.72 and an EPS of $0.01. The Dec 2018 quarter saw the lowest point at 25.4, with a price of $8.89 and an EPS of $0.35.
Maximum annual increase: 1,499.67% in 2024
Maximum annual decrease: -49.26% in 2022
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 772 | 1,499.67% | $7.72 | $0.01 |
2023 | 48.26 | 1.81% | $11.1 | $0.23 |
2022 | 47.4 | -49.26% | $9.48 | $0.2 |
2021 | 93.42 | N/A | $17.75 | $0.19 |
2020 | N/A | N/A | $13.06 | -$0.17 |
2019 | 132.3 | 420.87% | $13.23 | $0.1 |
2018 | 25.4 | N/A | $8.89 | $0.35 |
2017 | N/A | N/A | $8.2 | -$0.09 |
2016 | N/A | N/A | $8.92 | -$0.68 |
2015 | N/A | N/A | N/A | -$6.44 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Mar 2025 | 291.67 | -62.22% | $8.75 | $0.03 |
Dec 2024 | 772 | N/A | $7.72 | $0.01 |
Sep 2024 | N/A | N/A | $9.91 | -$0.02 |
Jun 2024 | N/A | N/A | $9.08 | $0 |
Mar 2024 | 38.04 | -21.18% | $8.75 | $0.23 |
Dec 2023 | 48.26 | 29.11% | $11.1 | $0.23 |
Sep 2023 | 37.38 | 26.93% | $8.97 | $0.24 |
Jun 2023 | 29.45 | -48.28% | $9.13 | $0.31 |
Mar 2023 | 56.94 | 20.13% | $9.11 | $0.16 |
Dec 2022 | 47.4 | 39.08% | $9.48 | $0.2 |
Sep 2022 | 34.08 | -42.34% | $8.52 | $0.25 |
Jun 2022 | 59.11 | -27.56% | $11.23 | $0.19 |
Mar 2022 | 81.6 | -12.65% | $16.32 | $0.2 |
Dec 2021 | 93.42 | -4.67% | $17.75 | $0.19 |
Sep 2021 | 98 | N/A | $14.7 | $0.15 |
The current PE ratio of GMRE is above its 3 and 5-year averages.
GMRE stock has a price to earnings ratio of 238.67 as of Jul 10, 2025.
Over the last 3 years, the average PE ratio for GMRE stock is 150.58.
Over the last 5 years, the average PE ratio for GMRE stock is 129.8.
Over the last eight years, the Dec 2024 quarter recorded the highest quarterly PE ratio at 772.
GMRE's current price to earnings ratio is 79% above its 8-year historical average.
GMRE's PE ratio of 238.67 is considered high because the company's stock price is trading at a higher multiple of earnings.
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 10, 2025), Global Medical REIT's share price is $7.16. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.03. Therefore, Global Medical REIT's price to earnings ratio for today is 238.67. PE RATIO(238.67) = STOCK PRICE($7.16) / TTM EPS($0.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.