The PE ratio for Kite Realty Group Trust stock stands at 91.04 as of Jul 25, 2024. This is calculated based on the current EPS of $0.26 and the stock price of $23.67 per share. A decrease of 27% has been seen in the P/E ratio compared to the average of 124.9 of the last 4 quarters.
Over the last ten years, the average PE ratio of Kite Realty Group Trust has been 332.7. The current 91.04 PE ratio is 73% below the historical average. Over the past ten 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 Mar 2024 quarter recorded the bottom point at 83.38, with a price of $21.68 and an EPS of $0.26.
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 stocks NNN and NHI, KRG's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 20.88 | $8.35B |
| NHI National Health Investors Inc | 24.61 | $3.26B |
| KRG Kite Realty Group Trust | 92.54 | $5.28B |
The price to earnings ratio for KRG stock as of Jul 25, 2024, stands at 91.04.
Over the last 3 years, the average price to earnings ratio for KRG stock is 225.57.
Over the last 5 years, the average price to earnings ratio for KRG stock is 205.48.
The highest quarterly PE ratio in the last ten years has been 2,348 and it was in the Dec 2016 quarter.
The current price to earnings ratio of KRG is 73% lower than the 10-year historical average.
KRG's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 91.04 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 (Jul 25, 2024), Kite Realty Group Trust's stock price is $23.67. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.26. Therefore, Kite Realty Group Trust's P/E ratio for today is 91.04. PE RATIO(91.04) = STOCK PRICE($23.67) / TTM EPS($0.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.