Hersha Hospitality Trust
HT
#6066
Rank
$0.48 B
Marketcap
$9.99
Share price
-0.10%
Change (1 day)
6.73%
Change (1 year)

P/E ratio for Hersha Hospitality Trust (HT)

P/E ratio as of March 2024 (TTM): 3.09

According to Hersha Hospitality Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.09288. At the end of 2022 the company had a P/E ratio of 2.79.

P/E ratio history for Hersha Hospitality Trust from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.79-150.26%
2021-5.56247.96%
2020-1.60-91.77%
2019-19.4-57.97%
2018-46.2-574.84%
20179.72-0.53%
20169.77-73.95%
201537.564.1%
201422.9-38.43%
201337.1-70.29%
2012125-637.91%
2011-23.2-29.58%
2010-33.01003.5%
2009-2.99-68.1%
2008-9.38-132.57%
200728.8-112.69%
2006-227-301.38%
2005113-1.64%
2004114249.61%
200332.8162.62%
200212.5-19.05%
200115.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
28.2 811.48%๐Ÿ‡บ๐Ÿ‡ธ USA
41.3 1,234.55%๐Ÿ‡บ๐Ÿ‡ธ USA
-67.1-2,270.89%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡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.