As of May 3, 2024, the Urban Edge Properties stock's PE ratio is 8.06. This results from the current EPS of $2.11 and stock price of $17. The P/E ratio has a decrease of 88% from the past four quarters average of 65.7.
The PE ratio of Urban Edge Properties has averaged 35.21 over the last ten years. The current PE ratio of 8.06 is 77% below the historical average. Over the past ten years, UE's PE ratio was at its highest in the Jun 2023 quarter at 110.21, when the stock price was $15.43 and the EPS was $0.14. The lowest value was in the Mar 2020 quarter, when it reached 8.08 with a price of $8.81 and an EPS of $1.09.
Maximum annual increase: 67.35% in 2022
Maximum annual decrease: -76% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.67 | -76% |
| 2022 | 36.13 | 67.35% |
| 2021 | 21.59 | 31.81% |
| 2020 | 16.38 | -22.3% |
| 2019 | 21.08 | 16.66% |
| 2018 | 18.07 | -56.04% |
| 2017 | 41.11 | 35.99% |
| 2016 | 30.23 | -49.73% |
| 2015 | 60.13 | N/A |
| 2014 | N/A | N/A |
Currently, UE's PE ratio is below the 3 and 5-year averages.
UE's PE ratio is lower than its peer stocks EQC and GEO.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UE Urban Edge Properties | 8.04 | $2B |
| GEO Geo Group Inc | 19.75 | $1.82B |
| EQC Equity Commonwealth | 23.97 | $2.03B |
| DEA Easterly Government Properties Inc | 63.29 | $1.24B |
UE stock has a price to earnings ratio of 8.06 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for UE stock is 41.83.
Over the last 5 years, the average price to earnings ratio for UE stock is 31.95.
Over the last ten years, the quarterly PE ratio reached a historic high of 110.21 in the Jun 2023 quarter.
UE's price to earnings ratio is currently 77% below its 10-year historical average.
UE's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Urban Edge Properties's stock price is $17. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.11. Therefore, Urban Edge Properties's P/E ratio for today is 8.06. PE RATIO(8.06) = STOCK PRICE($17) / TTM EPS($2.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.