P/E ratio for Digital Realty (DLR)
P/E ratio as of April 2024 (TTM): 48.5
According to Digital Realty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 48.4712. At the end of 2022 the company had a P/E ratio of 85.0.
P/E ratio history for Digital Realty from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 85.0 | 185.38% |
| 2021 | 29.8 | -75.88% |
| 2020 | 123 | 143.33% |
| 2019 | 50.7 | -41.91% |
| 2018 | 87.3 | -22.05% |
| 2017 | 112 | 153.13% |
| 2016 | 44.3 | -5.76% |
| 2015 | 47.0 | -29.16% |
| 2014 | 66.3 | 186.15% |
| 2013 | 23.2 | -49.49% |
| 2012 | 45.9 | -8.49% |
| 2011 | 50.1 | -32.89% |
| 2010 | 74.7 | -9.38% |
| 2009 | 82.4 | 0.37% |
| 2008 | 82.1 | -29.37% |
| 2007 | 116 | 56.25% |
| 2006 | 74.4 | -17.79% |
| 2005 | 90.5 | -293.89% |
| 2004 | -46.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Meta (Facebook) FB | 14.7 | -69.73% | 🇺🇸 USA |
 Pfizer PFE | 13.7 | -71.84% | 🇺🇸 USA |
 Equinix EQIX | 78.5 | 61.97% | 🇺🇸 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.