P/E ratio for Essential Properties Realty Trust (EPRT)
P/E ratio as of June 2024 (TTM): 22.2
According to Essential Properties Realty Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.2269. At the end of 2022 the company had a P/E ratio of 23.7.
P/E ratio history for Essential Properties Realty Trust from 2018 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.7 | -33.39% |
| 2021 | 35.6 | -26.13% |
| 2020 | 48.2 | 22.35% |
| 2019 | 39.4 | -18.32% |
| 2018 | 48.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gladstone Land LAND | -44.3 | -299.16% | 🇺🇸 USA |
 NexPoint Real Estate Finance NREF | -47.9 | -315.49% | 🇺🇸 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.