P/E ratio for SITE Centers (SITC)
P/E ratio as of April 2024 (TTM): 33.2
According to SITE Centers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.2195. At the end of 2022 the company had a P/E ratio of 18.5.
P/E ratio history for SITE Centers from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.5 | -41.69% |
| 2021 | 31.7 | -74.97% |
| 2020 | 127 | 197.75% |
| 2019 | 42.5 | 68.86% |
| 2018 | 25.2 | -351.74% |
| 2017 | -9.99 | -108.72% |
| 2016 | 115 | -322.57% |
| 2015 | -51.5 | -181.53% |
| 2014 | 63.1 | -165.02% |
| 2013 | -97.1 | 65.29% |
| 2012 | -58.8 | 5.28% |
| 2011 | -55.8 | 389.45% |
| 2010 | -11.4 | 250.56% |
| 2009 | -3.25 | -14.69% |
| 2008 | -3.81 | -122.32% |
| 2007 | 17.1 | -40.16% |
| 2006 | 28.5 | 54.48% |
| 2005 | 18.5 | 15.56% |
| 2004 | 16.0 | 33.33% |
| 2003 | 12.0 | -22.02% |
| 2002 | 15.4 | 16.11% |
| 2001 | 13.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Office Properties Income Trust OPI | -3.59 | -110.81% | 🇺🇸 USA |
 One Liberty Properties OLP | 17.1 | -48.66% | 🇺🇸 USA |
 Omega Healthcare
OHI | 30.0 | -9.69% | 🇺🇸 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.