P/E ratio for Chatham Lodging Trust (CLDT)
P/E ratio as of April 2024 (TTM): 229
According to Chatham Lodging Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 228.5. At the end of 2022 the company had a P/E ratio of 245.
P/E ratio history for Chatham Lodging Trust from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 245 | -922.77% |
| 2021 | -29.8 | 344.63% |
| 2020 | -6.71 | -114.26% |
| 2019 | 47.0 | 72.89% |
| 2018 | 27.2 | -12.76% |
| 2017 | 31.2 | 25.93% |
| 2016 | 24.8 | 3.97% |
| 2015 | 23.8 | 108.79% |
| 2014 | 11.4 | -93.31% |
| 2013 | 170 | -244.05% |
| 2012 | -118 | 646.28% |
| 2011 | -15.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Duke Realty
DRE | 17.9 | -92.16% | 🇺🇸 USA |
 Gaming and Leisure Properties
GLPI | 15.9 | -93.06% | 🇺🇸 USA |
 W. P. Carey WPC | 15.6 | -93.16% | 🇺🇸 USA |
 Hudson Pacific Properties
HPP | -7.47 | -103.27% | 🇺🇸 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.