P/E ratio for Getty Realty (GTY)
P/E ratio as of May 2023 (TTM): 19.1
According to Getty Realty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1017. At the end of 2021 the company had a P/E ratio of 23.4.
P/E ratio history for Getty Realty from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.4 | 36.08% |
| 2020 | 17.2 | -37.69% |
| 2019 | 27.6 | 9.89% |
| 2018 | 25.1 | 18.46% |
| 2017 | 21.2 | -5.93% |
| 2016 | 22.6 | 44.68% |
| 2015 | 15.6 | -40.92% |
| 2014 | 26.4 | 200.26% |
| 2013 | 8.79 | -81.99% |
| 2012 | 48.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 7.04 | -63.12% | 🇺🇸 USA |
 Chevron CVX | 8.23 | -56.93% | 🇺🇸 USA |
 Valero Energy VLO | 3.83 | -79.94% | 🇺🇸 USA |
 Global Partners LP GLP | 2.95 | -84.57% | 🇺🇸 USA |
 CrossAmerica Partners CAPL | 11.2 | -41.32% | 🇺🇸 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.