GMRE Global Medical REIT PE ratio, current and historical analysis
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- NYSE: GMRE
- PE Ratio
As of May 23, 2025, the GMRE stock has a P/E ratio of 206.67. The calculation is based on the latest EPS of $0.03 and the stock price of $6.2 per share.
GMRE PE ratio history
The mean historical PE ratio of Global Medical REIT over the last seven years is 133.18. The current 206.67 price-to-earnings ratio is 55% more than the historical average. Analyzing the last seven 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.
Global Medical REIT PE ratio by year
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 |
Global Medical REIT PE ratio by quarter (TTM)
| 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 |
GMRE Price vs fair value
GMRE average PE ratio chart
The current PE ratio of GMRE is above its 3 and 5-year averages.
Frequently asked questions
What is Global Medical REIT's PE ratio?
GMRE stock has a price to earnings ratio of 206.67 as of May 23, 2025.
What is the 3-year average PE ratio for Global Medical REIT (GMRE)?
Over the last 3 years, the average PE ratio for GMRE stock is 141.43.
What is the 5-year average PE ratio for Global Medical REIT (GMRE)?
Over the last 5 years, the average PE ratio for GMRE stock is 130.64.
What is the highest PE ratio for GMRE?
Over the last seven years, the Dec 2024 quarter recorded the highest quarterly PE ratio at 772.
How does the current PE ratio for GMRE compare to its historical average?
GMRE's current price to earnings ratio is 55% above its 7-year historical average.
Why is Global Medical REIT's PE ratio so high?
GMRE's PE ratio of 206.67 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is GMRE's PE ratio calculated (Global Medical REIT PE ratio formula)?
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 23, 2025), Global Medical REIT's share price is $6.2. 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 206.67. PE RATIO(206.67) = STOCK PRICE($6.2) / TTM EPS($0.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.