As at Oct 29, 2024, the NTST stock has a price-to-earnings ratio of 223.57. This is based on the current EPS of $0.07 and the stock price of $15.65 per share. An increase of 25% has been recorded in the P/E ratio compared to the average of 179.1 of the last 4 quarters.
The mean historical PE ratio of NETSTREIT over the last four years is 180.08. The current 223.57 PE ratio is 24% above the historical average. In the past four years, NTST's PE ratio was at its highest in the Dec 2020 quarter at 487.25, with a price of $19.49 and an EPS of $0.04. The Sep 2021 quarter recorded the bottom point at 73.91, with a price of $23.65 and an EPS of $0.32.
Maximum annual increase: 41.65% in 2023
Maximum annual decrease: -59.98% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 162.27 | 41.65% |
2022 | 114.56 | -59.98% |
2021 | 286.25 | -41.25% |
2020 | 487.25 | N/A |
2019 | N/A | N/A |
Currently, NTST's PE ratio is greater than its 3-year historical average.
As of Oct 29, 2024, NTST stock has a price to earnings ratio of 223.57.
Over the last 3 years, the average price to earnings ratio for NTST stock is 170.24.
Over the last four years, the quarterly PE ratio reached a historic high of 487.25 in the Dec 2020 quarter.
NTST's current price to earnings ratio is 24% above its 4-year historical average.
NTST's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 223.57 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 (Oct 29, 2024), NETSTREIT's stock price is $15.65. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.07. Therefore, NETSTREIT's P/E ratio for today is 223.57. PE RATIO(223.57) = STOCK PRICE($15.65) / TTM EPS($0.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.