According to CareTrust REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 71.6765. At the end of 2022 the company had a P/E ratio of -232.
Year | P/E ratio | Change |
---|---|---|
2022 | -232 | -852.8% |
2021 | 30.9 | 18.23% |
2020 | 26.1 | -36.76% |
2019 | 41.3 | 60.93% |
2018 | 25.6 | -46.46% |
2017 | 47.9 | 59.41% |
2016 | 30.0 | -25.93% |
2015 | 40.6 | -221.04% |
2014 | -33.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Extra Space Storage
EXR | 24.0 | -66.54% | ๐บ๐ธ USA |
Vornado Realty Trust
VNO | -14.2 | -119.87% | ๐บ๐ธ USA |
Getty Realty GTY | 19.1 | -73.32% | ๐บ๐ธ USA |
Kilroy Realty KRC | 19.7 | -72.53% | ๐บ๐ธ USA |
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.