The PE ratio for Tanger Factory Outlet Centers stock stands at 27.36 as of Sep 28, 2023. This is calculated based on the TTM EPS of $0.84 and the stock price of $22.98 per share. An increase of 19% has been observed in the PE ratio compared to its average of 23.1 of the last four quarters.
Over the last ten years, the average PE ratio of Tanger Factory Outlet Centers has been 36.76. The current 27.36 P/E ratio is 26% lower 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 |
|---|---|---|
| 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% |
| 2013 | 28.09 | -53.18% |
Currently, SKT's PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peers VFC and GPS, SKT's PE ratio is lower, but it is higher than RL's and PVH's. Tanger Factory Outlet Centers is currently trading at a lower PE ratio (27.36) than its peers average of 28.73.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CRI Carters Inc | 12.99 | $2.58B |
| RL Ralph Lauren Corp | 14.6 | $7.63B |
| PVH Pvh Corp | 26.31 | $4.66B |
| SKT Tanger Factory Outlet Centers Inc | 27.04 | $2.39B |
| GPS Gap Inc | 36.17 | $4.01B |
| VFC V F Corp | 58.63 | $6.84B |
| HBI Hanesbrands Inc | N/A | $1.33B |
As of Sep 28, 2023, SKT stock has a price to earnings ratio of 27.36.
As an average over the last 3 years, SKT stock has a PE ratio of 66.73.
As an average over the last 5 years, SKT stock has a PE ratio of 49.47.
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 26% lower 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 (Sep 28, 2023), Tanger Factory Outlet Centers's share price is $22.98. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $0.84. Therefore, Tanger Factory Outlet Centers's PE ratio for today is 27.36. PE RATIO(27.36) = STOCK PRICE($22.98) / TTM EPS($0.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.