P/E ratio for Broadstone Net Lease (BNL)
P/E ratio as of April 2024 (TTM): 14.4
According to Broadstone Net Lease's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.36. At the end of 2022 the company had a P/E ratio of 22.5.
P/E ratio history for Broadstone Net Lease from 2020 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.5 | -40.13% |
| 2021 | 37.6 | -28.05% |
| 2020 | 52.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Office Properties Income Trust OPI | -3.71 | -125.86% | 🇺🇸 USA |
 One Liberty Properties OLP | 17.1 | 19.24% | 🇺🇸 USA |
 Omega Healthcare
OHI | 30.2 | 110.40% | 🇺🇸 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.