P/E ratio for Choice Hotels International (CHH)
P/E ratio as of April 2024 (TTM): 21.3
According to Choice Hotels International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2607. At the end of 2022 the company had a P/E ratio of 18.7.
P/E ratio history for Choice Hotels International from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.7 | -37.85% |
| 2021 | 30.1 | -61.7% |
| 2020 | 78.5 | 204.26% |
| 2019 | 25.8 | 38.01% |
| 2018 | 18.7 | -52.8% |
| 2017 | 39.6 | 75.89% |
| 2016 | 22.5 | 0.02% |
| 2015 | 22.5 | -17.65% |
| 2014 | 27.3 | 7.39% |
| 2013 | 25.4 | 57.43% |
| 2012 | 16.2 | -20.56% |
| 2011 | 20.3 | -4.3% |
| 2010 | 21.3 | 10.13% |
| 2009 | 19.3 | 3.4% |
| 2008 | 18.7 | -2.15% |
| 2007 | 19.1 | -22.05% |
| 2006 | 24.5 | -20.29% |
| 2005 | 30.7 | 18.59% |
| 2004 | 25.9 | 48.38% |
| 2003 | 17.5 | 19.16% |
| 2002 | 14.6 | -78.84% |
| 2001 | 69.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Marriott International MAR | 25.7 | 21.09% | 🇺🇸 USA |
 Hilton Worldwide HLT | 40.9 | 92.56% | 🇺🇸 USA |
 Huazhu Hotels HTHT | 78.7 | 270.16% | 🇨🇳 China |
 InterContinental Hotels Group
IHG | N/A | N/A | 🇬🇧 UK |
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.