The PE ratio for Kite Realty Group Trust stock stands at 95.77 as of May 3, 2024. This is calculated based on the current EPS of $0.22 and the stock price of $21.07 per share. A decrease of 66% has been seen in the P/E ratio compared to the average of 278.4 of the last 4 quarters.
Over the last nine years, the average PE ratio of Kite Realty Group Trust has been 346.55. The current 95.77 PE ratio is 72% below the historical average. Over the past nine years, KRG's PE ratio was at its highest in the Dec 2016 quarter at 2,348, with a price of $23.48 and an EPS of $0.01. The Sep 2015 quarter recorded the bottom point at 88.19, with a price of $23.81 and an EPS of $0.27.
Maximum annual increase: 1,620.52% in 2016
Maximum annual decrease: -94.04% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 103.91 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 140 | -94.04% |
| 2016 | 2,348 | 1,620.52% |
| 2015 | 136.47 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of KRG is below the 3, 5 and 10-year averages.
Compared to its peer stock NNN, KRG's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 19.17 | $7.66B |
| KRG Kite Realty Group Trust | 95.77 | $4.62B |
The price to earnings ratio for KRG stock as of May 3, 2024, stands at 95.77.
Over the last 3 years, the average price to earnings ratio for KRG stock is 234.6.
Over the last 5 years, the average price to earnings ratio for KRG stock is 220.74.
The highest quarterly PE ratio in the last nine years has been 2,348 and it was in the Dec 2016 quarter.
The current price to earnings ratio of KRG is 72% lower than the 9-year historical average.
KRG's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 95.77 is considered high.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Kite Realty Group Trust's stock price is $21.07. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.22. Therefore, Kite Realty Group Trust's P/E ratio for today is 95.77. PE RATIO(95.77) = STOCK PRICE($21.07) / TTM EPS($0.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.