P/E ratio for RLJ Lodging Trust (RLJ)
P/E ratio as of May 2024 (TTM): 34.3
According to RLJ Lodging Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.2849. At the end of 2022 the company had a P/E ratio of 104.
P/E ratio history for RLJ Lodging Trust from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 104 | -1596.76% |
| 2021 | -6.93 | 28.32% |
| 2020 | -5.40 | -118.29% |
| 2019 | 29.5 | 69.28% |
| 2018 | 17.4 | -58.41% |
| 2017 | 42.0 | 175.81% |
| 2016 | 15.2 | 18.85% |
| 2015 | 12.8 | -59.54% |
| 2014 | 31.6 | 20.96% |
| 2013 | 26.2 | -47.35% |
| 2012 | 49.7 | -72.79% |
| 2011 | 183 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Xenia Hotels & Resorts
XHR | 34.1 | -0.48% | 🇺🇸 USA |
 Marriott Vacations Worldwide VAC | 12.1 | -64.75% | 🇺🇸 USA |
 Ryman Hospitality Properties RHP | 25.2 | -26.51% | 🇺🇸 USA |
 Pebblebrook Hotel Trust PEB | -15.6 | -145.64% | 🇺🇸 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.