The PE ratio for Tanger Factory Outlet Centers stock stands at 37.22 as of Jan 21, 2025. This is calculated based on the TTM EPS of $0.89 and the stock price of $33.13 per share. An increase of 16% has been observed in the PE ratio compared to its average of 32.1 of the last four quarters.
Over the last ten years, the average PE ratio of Tanger Factory Outlet Centers has been 36.24. The current 37.22 P/E ratio is 2.7% 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.
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% |
Currently, SKT's PE ratio is higher than its 3 and 10-year averages, but it is lower than its 5-year average.
In comparison to its peer stocks RL and GAP, SKT's PE ratio is higher. Tanger Factory Outlet Centers is currently trading at a higher PE ratio (37.22) than its peers average of 12.73.
Stock name | PE ratio | Market cap |
---|---|---|
PVH Pvh Corp | 7.79 | $5.36B |
CRI Carters Inc | 8.69 | $1.97B |
GAP Gap, Inc. | 11.2 | $9.29B |
RL Ralph Lauren Corp | 23.37 | $15.54B |
SKT Tanger Factory Outlet Centers Inc | 36.7 | $3.62B |
HBI Hanesbrands Inc | N/A | $2.96B |
VFC V F Corp | N/A | $9.79B |
As of Jan 21, 2025, SKT stock has a price to earnings ratio of 37.22.
As an average over the last 3 years, SKT stock has a PE ratio of 32.06.
As an average over the last 5 years, SKT stock has a PE ratio of 52.91.
Over the last ten years, the quarterly PE ratio reached its highest level at 241 in the Dec 2021 quarter.
The current PE ratio of SKT is 2.7% higher than the 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 (Jan 21, 2025), Tanger Factory Outlet Centers's share price is $33.13. 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 37.22. PE RATIO(37.22) = STOCK PRICE($33.13) / TTM EPS($0.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.