P/E ratio for Spirit Realty Capital (SRC)
P/E ratio as of April 2024 (TTM): 24.2
According to Spirit Realty Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.1771. At the end of 2022 the company had a P/E ratio of 19.6.
P/E ratio history for Spirit Realty Capital from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.6 | -44.76% |
| 2021 | 35.4 | -85.89% |
| 2020 | 251 | 818.89% |
| 2019 | 27.3 | 6.6% |
| 2018 | 25.6 | -47.37% |
| 2017 | 48.7 | 6.03% |
| 2016 | 45.9 | 22.67% |
| 2015 | 37.4 | -135.11% |
| 2014 | -107 | -122.26% |
| 2013 | 479 | -6726.22% |
| 2012 | -7.23 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aimco AIV | -6.55 | -127.10% | 🇺🇸 USA |
 Diamondrock Hospitality Company DRH | 22.9 | -5.39% | 🇺🇸 USA |
 PennyMac Mortgage Investment Trust PMT | 11.2 | -53.60% | 🇺🇸 USA |
 CatchMark Timber Trust
CTT | 8.94 | -63.02% | 🇺🇸 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.