LTC Properties
LTC
#4570
Rank
โ‚ฌ1.68 B
Marketcap
37,13ย โ‚ฌ
Share price
0.44%
Change (1 day)
24.72%
Change (1 year)

P/E ratio for LTC Properties (LTC)

P/E ratio as of November 2024 (TTM): 20.1

According to LTC Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.057. At the end of 2022 the company had a P/E ratio of 14.2.

P/E ratio history for LTC Properties from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.2-41.3%
202124.249.97%
202016.1-27.51%
201922.3108.95%
201810.7-46.15%
201719.8-6.88%
201621.3-2.93%
201521.92.47%
201421.4-1.57%
201321.7-2.52%
201222.3-3.29%
201123.00.06%
201023.010.13%
200920.927.78%
200816.4-13.82%
200719.083.45%
200610.3-21.3%
200513.1-49.83%
200426.2-34.24%
200339.8439.47%
20027.38-187.22%
2001-8.47

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.35-63.36%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.7-153.35%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
38.6 92.41%๐Ÿ‡บ๐Ÿ‡ธ 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.