P/E ratio for LTC Properties (LTC)
P/E ratio as of April 2024 (TTM): 16.4
According to LTC Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.4145. At the end of 2022 the company had a P/E ratio of 14.2.
P/E ratio history for LTC Properties from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.2 | -41.3% |
| 2021 | 24.2 | 49.97% |
| 2020 | 16.1 | -27.51% |
| 2019 | 22.3 | 108.95% |
| 2018 | 10.7 | -46.15% |
| 2017 | 19.8 | -6.88% |
| 2016 | 21.3 | -2.93% |
| 2015 | 21.9 | 2.47% |
| 2014 | 21.4 | -1.57% |
| 2013 | 21.7 | -2.52% |
| 2012 | 22.3 | -3.29% |
| 2011 | 23.0 | 0.06% |
| 2010 | 23.0 | 10.13% |
| 2009 | 20.9 | 27.78% |
| 2008 | 16.4 | -13.82% |
| 2007 | 19.0 | 83.45% |
| 2006 | 10.3 | -21.3% |
| 2005 | 13.1 | -49.83% |
| 2004 | 26.2 | -34.24% |
| 2003 | 39.8 | 439.47% |
| 2002 | 7.38 | -187.22% |
| 2001 | -8.47 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Campus Communities
ACC | N/A | N/A | 🇺🇸 USA |
 Cal-Maine Foods CALM | 4.55 | -72.27% | 🇺🇸 USA |
 National Storage
NSA | 30.7 | 86.79% | 🇺🇸 USA |
 Brookdale Senior Living
BKD | -13.0 | -179.44% | 🇺🇸 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.