P/E ratio for Getty Realty (GTY)
P/E ratio as of April 2024 (TTM): 18.5
According to Getty Realty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5315. At the end of 2022 the company had a P/E ratio of 18.1.
P/E ratio history for Getty Realty from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.1 | -22.72% |
| 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 | 32.96% |
| 2011 | 36.7 | 115.94% |
| 2010 | 17.0 | 37.27% |
| 2009 | 12.4 | -0.62% |
| 2008 | 12.5 | -36.01% |
| 2007 | 19.5 | 9.66% |
| 2006 | 17.8 | 24.29% |
| 2005 | 14.3 | -20.75% |
| 2004 | 18.0 | -4.68% |
| 2003 | 18.9 | 67.32% |
| 2002 | 11.3 | 47.56% |
| 2001 | 7.66 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Exxon Mobil XOM | 11.8 | -36.49% | 🇺🇸 USA |
 Chevron CVX | 11.7 | -37.11% | 🇺🇸 USA |
 Valero Energy VLO | 5.54 | -70.12% | 🇺🇸 USA |
 Global Partners LP GLP | 7.10 | -61.67% | 🇺🇸 USA |
 CrossAmerica Partners CAPL | 15.1 | -18.51% | 🇺🇸 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.