SKT Tanger Factory Outlet Centers PE ratio, current and historical analysis
The PE ratio for Tanger Factory Outlet Centers stock stands at 41.2 as of Nov 21, 2024. This is calculated based on the TTM EPS of $0.89 and the stock price of $36.67 per share. An increase of 28% has been observed in the PE ratio compared to its average of 32.1 of the last four quarters.
SKT PE ratio history
Over the last ten years, the average PE ratio of Tanger Factory Outlet Centers has been 36.59. The current 41.2 P/E ratio is 13% higher than the historical average. Looking back at the last ten years, SKT's PE ratio peaked in the Dec 2021 quarter at 241, with a price of $19.28 and an EPS of $0.08. The Sep 2019 quarter marked the lowest point at 12.29, with a price of $15.48 and an EPS of $1.26.
Tanger Factory Outlet Centers PE ratio by year
Maximum annual increase: 110.84% in 2017
Maximum annual decrease: -90.46% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.49 | 28.22% |
| 2022 | 23 | -90.46% |
| 2021 | 241 | N/A |
| 2020 | N/A | N/A |
| 2019 | 15.84 | -64.75% |
| 2018 | 44.93 | 20.33% |
| 2017 | 37.34 | 110.84% |
| 2016 | 17.71 | 19.18% |
| 2015 | 14.86 | -69.04% |
| 2014 | 48 | 70.88% |
SKT average PE ratio chart
Currently, SKT's PE ratio is higher than its 10-year average, but it is lower than its 3 and 5-year averages.
SKT PE vs peers
In comparison to its peer stocks RL and GAP, SKT's PE ratio is higher. Tanger Factory Outlet Centers's current PE ratio of 41.2 is similar to the average of its peers, which is 11.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PVH Pvh Corp | 7.85 | $5.55B |
| CRI Carters Inc | 8.32 | $1.89B |
| GAP Gap, Inc. | 10.7 | $8.29B |
| RL Ralph Lauren Corp | 19.34 | $12.86B |
| SKT Tanger Factory Outlet Centers Inc | 41.2 | $4.06B |
| HBI Hanesbrands Inc | N/A | $2.89B |
| VFC V F Corp | N/A | $7.32B |
Frequently asked questions
What is Tanger Factory Outlet Centers's PE ratio?
As of Nov 21, 2024, SKT stock has a price to earnings ratio of 41.2.
What is the 3-year average PE ratio for Tanger Factory Outlet Centers (SKT)?
As an average over the last 3 years, SKT stock has a PE ratio of 49.47.
What is the 5-year average PE ratio for Tanger Factory Outlet Centers (SKT)?
As an average over the last 5 years, SKT stock has a PE ratio of 50.27.
What is the highest PE ratio for SKT?
Over the last ten years, the quarterly PE ratio reached its highest level at 241 in the Dec 2021 quarter.
How does the current PE ratio for SKT compare to its historical average?
The current PE ratio of SKT is 13% higher than the 10-year historical average.
How is SKT's PE ratio calculated (Tanger Factory Outlet Centers PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Tanger Factory Outlet Centers's share price is $36.67. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.89. Therefore, Tanger Factory Outlet Centers's PE ratio for today is 41.2. PE RATIO(41.2) = STOCK PRICE($36.67) / TTM EPS($0.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.