As of Apr 30, 2024, the Ltc Properties stock's PE ratio is 15.32. This takes into account the latest EPS of $2.16 and stock price of $33.1. The PE ratio marks a decrease of 2.6% from its last 4 quarters average of 15.7.
The PE ratio of Ltc Properties has averaged 19.17 over the last ten years. The current P/E ratio of 15.32 is 20% lower than the historical average. Looking back at the last ten years, LTC's PE ratio peaked in the Mar 2021 quarter at 35.97, when the price was $41.72 and the EPS was $1.16. The lowest point was in the Mar 2020 quarter, when it reached 9.94 with a price of $30.9 and an EPS of $3.11.
Maximum annual increase: 106.85% in 2019
Maximum annual decrease: -45.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.87 | 4.2% |
| 2022 | 14.27 | -41.06% |
| 2021 | 24.21 | 50.56% |
| 2020 | 16.08 | -27.07% |
| 2019 | 22.05 | 106.85% |
| 2018 | 10.66 | -45.92% |
| 2017 | 19.71 | -7.29% |
| 2016 | 21.26 | -2.92% |
| 2015 | 21.9 | 1.96% |
| 2014 | 21.48 | -0.46% |
Currently, LTC's PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peers DLR and NSA, LTC's PE ratio is lower, but it is higher than CALM's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CALM Cal-Maine Foods Inc | 9.79 | $2.71B |
| LTC Ltc Properties Inc | 15.32 | $1.43B |
| NSA National Storage Affiliates Trust | 22.18 | $2.8B |
| DLR Digital Realty Trust Inc | 45.65 | $43.34B |
| BKD Brookdale Senior Living Inc | N/A | $1.29B |
LTC's price to earnings ratio is 15.32 as of Apr 30, 2024.
Over the last 3 years, the average price to earnings ratio for LTC stock is 18.7.
Over the last 5 years, the average price to earnings ratio for LTC stock is 18.79.
Over the last ten years, the Mar 2021 quarter recorded the highest quarterly PE ratio at 35.97.
LTC's price to earnings ratio is currently 20% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 30, 2024), Ltc Properties's share price is $33.1. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.16. Therefore, Ltc Properties's PE ratio for today is 15.32. PE RATIO(15.32) = STOCK PRICE($33.1) / TTM EPS($2.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.