As of Apr 25, 2024, the National Retail Properties stock's PE ratio is 19.0. This takes into account the latest EPS of $2.16 and stock price of $41.03. The PE ratio marks a decrease of 6% from its last 4 quarters average of 20.1.
The PE ratio of National Retail Properties has averaged 29.61 over the last ten years. The current P/E ratio of 19.0 is 36% lower than the historical average. Looking back at the last ten years, NNN's PE ratio peaked in the Sep 2019 quarter at 40.87, when the price was $56.4 and the EPS was $1.38. The lowest point was in the Sep 2023 quarter, when it reached 16.59 with a price of $35.34 and an EPS of $2.13.
Maximum annual increase: 16.9% in 2019
Maximum annual decrease: -23.94% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.95 | -17.6% |
| 2022 | 24.21 | -23.94% |
| 2021 | 31.83 | -5.1% |
| 2020 | 33.54 | -2.41% |
| 2019 | 34.37 | 16.9% |
| 2018 | 29.4 | -1.14% |
| 2017 | 29.74 | -6.48% |
| 2016 | 31.8 | -3.93% |
| 2015 | 33.1 | 4.25% |
| 2014 | 31.75 | 16.22% |
Currently, NNN's PE ratio is lower than its 3, 5 and 10-year averages.
NNN's PE ratio stands higher than its peer stocks DG and DKS.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BBY Best Buy Co Inc | 13.2 | $16.21B |
| DKS Dick'S Sporting Goods Inc | 16.05 | $16.84B |
| DG Dollar General Corp | 18.84 | $31.34B |
| NNN National Retail Properties Inc | 19 | $7.49B |
| BIG Big Lots Inc | N/A | $102.41M |
The price to earnings ratio for NNN stock is 19 as of Apr 25, 2024.
Over the last 3 years, the average price to earnings ratio for NNN stock is 25.13.
Over the last 5 years, the average price to earnings ratio for NNN stock is 28.24.
Over the last ten years, the quarterly PE ratio reached its highest level at 40.87 in the Sep 2019 quarter.
NNN's price to earnings ratio is currently 36% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 25, 2024), National Retail Properties's share price is $41.03. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.16. Therefore, National Retail Properties's PE ratio for today is 19. PE RATIO(19) = STOCK PRICE($41.03) / TTM EPS($2.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.