P/E ratio for Easterly Government Properties (DEA)
P/E ratio as of May 2024 (TTM): 36.2
According to Easterly Government Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2121. At the end of 2022 the company had a P/E ratio of 40.8.
P/E ratio history for Easterly Government Properties from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.8 | -37.74% |
| 2021 | 65.5 | -56.63% |
| 2020 | 151 | -36.37% |
| 2019 | 237 | 36.21% |
| 2018 | 174 | -10.19% |
| 2017 | 194 | -3.1% |
| 2016 | 200 | -274.8% |
| 2015 | -115 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Urban Edge Properties
UE | 47.6 | 31.48% | 🇺🇸 USA |
 Piedmont Office Realty Trust PDM | 15.4 | -57.35% | 🇺🇸 USA |
 PREIT (Pennsylvania Real Estate Investment Trust) PRET | -0.0119 | -100.03% | 🇺🇸 USA |
 Cousins Properties
CUZ | 40.0 | 10.41% | 🇺🇸 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.