As at Nov 21, 2024, the INN stock has a PE ratio of 89.0. This is based on the current EPS of $0.07 and the stock price of $6.23 per share.
The mean historical PE ratio of Summit Hotel Properties over the last ten years is 39.38. The current 89.0 PE ratio is 126% above the historical average. In the past ten years, INN's PE ratio was at its highest in the Dec 2014 quarter at 248.8, with a price of $12.44 and an EPS of $0.05. The Sep 2016 quarter recorded the bottom point at 6.96, with a price of $13.16 and an EPS of $1.89.
Maximum annual increase: 67.68% in 2016
Maximum annual decrease: -96.16% in 2015
Year | PE ratio | Change |
---|---|---|
2023 | N/A | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | 18.98 | 32.63% |
2018 | 14.31 | -25.78% |
2017 | 19.28 | 20.27% |
2016 | 16.03 | 67.68% |
2015 | 9.56 | -96.16% |
2014 | 248.8 | N/A |
The current PE ratio of INN is greater than its 10-year historical average.
INN's PE ratio is higher than its peer stocks SPG and HASI.
Stock name | PE ratio | Market cap |
---|---|---|
HASI Hannon Armstrong Sustainable Infrastructure Capital Inc | 14.44 | $3.43B |
SPG Simon Property Group Inc | 24.24 | $59.47B |
INN Summit Hotel Properties Inc | 89.86 | $681.95M |
CHMI Cherry Hill Mortgage Investment Corp | N/A | $80.33M |
CIO City Office REIT Inc | N/A | $206.99M |
As of Nov 21, 2024, INN stock has a price to earnings ratio of 89.
Over the last ten years, the quarterly PE ratio reached a historic high of 248.8 in the Dec 2014 quarter.
INN's current price to earnings ratio is 126% above its 10-year historical average.
INN's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Summit Hotel Properties's stock price is $6.23. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.07. Therefore, Summit Hotel Properties's P/E ratio for today is 89. PE RATIO(89) = STOCK PRICE($6.23) / TTM EPS($0.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.