P/E ratio for Global Net Lease (GNL)
P/E ratio as of June 2024 (TTM): -16.7
According to Global Net Lease 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -16.6818. At the end of 2022 the company had a P/E ratio of -140.
P/E ratio history for Global Net Lease from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -140 | 91.95% |
| 2021 | -72.8 | -57.55% |
| 2020 | -171 | -438.07% |
| 2019 | 50.7 | -94.82% |
| 2018 | 979 | 1374.68% |
| 2017 | 66.4 | 131.75% |
| 2016 | 28.6 | -98.91% |
| 2015 | > 1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AGNC Investment AGNC | 25.2 | -251.28% | 🇺🇸 USA |
 Two Harbors Investment
TWO | -116 | 594.28% | 🇺🇸 USA |
 Independence Realty Trust
IRT | 62.4 | -473.97% | 🇺🇸 USA |
 Douglas Emmett DEI | 112 | -773.39% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.