Reason: Acquired by KSL Capital Partners, LLC
Last recorded trade on: January 31, 2024
Source: https://investors.hersha.com/news-and-presentations/news-details/2023/Hersha-Hospitality-Trust-to-be-Acquired-by-KSL-Capital-Partners/default.aspx
P/E ratio for Hersha Hospitality Trust (HT)
P/E ratio on January 31, 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 |
|---|---|---|
| 2022 | 2.79 | -150.26% |
| 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 | -73.95% |
| 2015 | 37.5 | 64.1% |
| 2014 | 22.9 | -38.43% |
| 2013 | 37.1 | -70.29% |
| 2012 | 125 | -637.91% |
| 2011 | -23.2 | -29.58% |
| 2010 | -33.0 | 1003.5% |
| 2009 | -2.99 | -68.1% |
| 2008 | -9.38 | -132.57% |
| 2007 | 28.8 | -112.69% |
| 2006 | -227 | -301.38% |
| 2005 | 113 | -1.64% |
| 2004 | 114 | 249.61% |
| 2003 | 32.8 | 162.62% |
| 2002 | 12.5 | -19.05% |
| 2001 | 15.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | -84.4 | -2,829.77% | 🇺🇸 USA |
 | 34.2 | 1,007.29% | 🇺🇸 USA |
 | N/A | N/A | 🇺🇸 USA |
 | 33.5 | 982.95% | 🇺🇸 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.