Sun Communities
SUI
#1131
Rank
โ‚ฌ16.14 B
Marketcap
121,75ย โ‚ฌ
Share price
-0.82%
Change (1 day)
6.44%
Change (1 year)
Sun Communities is an American real estate investment trust that invests in manufactured housing and recreational vehicle communities.

P/E ratio for Sun Communities (SUI)

P/E ratio as of November 2024 (TTM): 69.6

According to Sun Communities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 69.6066. At the end of 2022 the company had a P/E ratio of 72.2.

P/E ratio history for Sun Communities from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202272.214.2%
202163.2-44.23%
202011335.98%
201983.46.58%
201878.2-28.32%
2017109-61.53%
2016284918.54%
201527.9-72.35%
2014101-23.84%
2013132-33.66%
2012199-121.84%
2011-913311.25%
2010-222271.05%
2009-59.8712.23%
2008-7.37-67.48%
2007-22.7-0.58%
2006-22.8-77.5%
2005-101453.64%
2004-18.3-135.46%
200351.6-2.64%
200253.0178.87%
200119.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.7-54.42%๐Ÿ‡บ๐Ÿ‡ธ USA
32.1-53.90%๐Ÿ‡บ๐Ÿ‡ธ USA
40.0-42.53%๐Ÿ‡บ๐Ÿ‡ธ USA
35.6-48.91%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.