CareTrust REIT
CTRE
#2571
Rank
S$7.09 B
Marketcap
$37.80
Share price
2.24%
Change (1 day)
20.01%
Change (1 year)

P/E ratio for CareTrust REIT (CTRE)

P/E ratio as of March 2025 (TTM): 82.9

According to CareTrust REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 82.8685. At the end of 2022 the company had a P/E ratio of -232.

P/E ratio history for CareTrust REIT from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-232-852.8%
202130.918.23%
202026.1-36.76%
201941.360.93%
201825.6-46.46%
201747.959.41%
201630.0-25.93%
201540.6-221.04%
2014-33.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.5-78.82%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4-71.77%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-74.37%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.9-121.57%๐Ÿ‡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.