P/E ratio for Hersha Hospitality Trust (HT)
P/E ratio as of June 2023 (TTM): 2.03
According to Hersha Hospitality Trust 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.03289. At the end of 2021 the company had a P/E ratio of -5.56.
P/E ratio history for Hersha Hospitality Trust from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -5.56 | 247.96% |
| 2020 | -1.60 | -91.77% |
| 2019 | -19.4 | -57.97% |
| 2018 | -46.2 | -574.84% |
| 2017 | 9.72 | -0.53% |
| 2016 | 9.77 | -74.4% |
| 2015 | 38.2 | 46.62% |
| 2014 | 26.0 | -29.88% |
| 2013 | 37.1 | -70.29% |
| 2012 | 125 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Regency Centers
REG | 25.9 | 1,174.73% | 🇺🇸 USA |
 Weyerhaeuser
WY | 11.4 | 460.55% | 🇺🇸 USA |
 Medical Properties Trust
MPW | 5.50 | 170.55% | 🇺🇸 USA |
 Healthcare Trust of America
HTA | N/A | N/A | 🇺🇸 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.