P/E ratio for EastGroup Properties (EGP)
P/E ratio as of April 2024 (TTM): 40.0
According to EastGroup Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.9975. At the end of 2022 the company had a P/E ratio of 33.7.
P/E ratio history for EastGroup Properties from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.7 | -42.27% |
| 2021 | 58.4 | 16.8% |
| 2020 | 50.0 | 22.16% |
| 2019 | 40.9 | 11.6% |
| 2018 | 36.7 | 1.3% |
| 2017 | 36.2 | 44.22% |
| 2016 | 25.1 | -32.71% |
| 2015 | 37.3 | -10.41% |
| 2014 | 41.7 | -22.34% |
| 2013 | 53.6 | 11.64% |
| 2012 | 48.0 | -8.29% |
| 2011 | 52.4 | -15.83% |
| 2010 | 62.2 | 69.08% |
| 2009 | 36.8 | 35.52% |
| 2008 | 27.2 | -25.37% |
| 2007 | 36.4 | -19.15% |
| 2006 | 45.0 | -9.31% |
| 2005 | 49.6 | 28.21% |
| 2004 | 38.7 | -13.93% |
| 2003 | 45.0 | 51.67% |
| 2002 | 29.7 | 99.22% |
| 2001 | 14.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Weyerhaeuser
WY | 36.3 | -9.36% | 🇺🇸 USA |
 Equity LifeStyle Properties ELS | 38.8 | -2.97% | 🇺🇸 USA |
 Medical Properties Trust
MPW | -65.3 | -263.22% | 🇺🇸 USA |
 Healthcare Trust of America
HTA | N/A | N/A | 🇺🇸 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.