The PE ratio for Tanger Factory Outlet Centers stock stands at 30.42 as of May 2, 2024. This is calculated based on the TTM EPS of $0.92 and the stock price of $27.99 per share. An increase of 7% has been observed in the PE ratio compared to its average of 28.4 of the last four quarters.
Over the last ten years, the average PE ratio of Tanger Factory Outlet Centers has been 36.7. The current 30.42 P/E ratio is 17% 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 |
|---|---|---|
| 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 lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks RL and GPS, SKT's PE ratio is higher. Tanger Factory Outlet Centers is currently trading at a higher PE ratio (30.42) than its peers average of 13.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PVH Pvh Corp | 10.41 | $6.53B |
| CRI Carters Inc | 11.06 | $2.56B |
| GPS Gap Inc | 15.88 | $8.06B |
| RL Ralph Lauren Corp | 18.45 | $10.65B |
| SKT Tanger Factory Outlet Centers Inc | 29.85 | $3B |
| HBI Hanesbrands Inc | N/A | $1.56B |
| VFC V F Corp | N/A | $4.9B |
As of May 2, 2024, SKT stock has a price to earnings ratio of 30.42.
As an average over the last 3 years, SKT stock has a PE ratio of 56.47.
As an average over the last 5 years, SKT stock has a PE ratio of 47.88.
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 17% 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 (May 2, 2024), Tanger Factory Outlet Centers's share price is $27.99. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.92. Therefore, Tanger Factory Outlet Centers's PE ratio for today is 30.42. PE RATIO(30.42) = STOCK PRICE($27.99) / TTM EPS($0.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.