Spirit Realty Capital
SRC
#2354
Rank
$5.98 B
Marketcap
$42.31
Share price
-1.56%
Change (1 day)
7.85%
Change (1 year)

P/E ratio for Spirit Realty Capital (SRC)

P/E ratio as of June 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
202219.6-44.76%
202135.4-85.89%
2020251818.89%
201927.36.6%
201825.6-47.37%
201748.76.03%
201645.922.67%
201537.4-135.11%
2014-107-122.26%
2013479-6726.22%
2012-7.23

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-6.52-126.97%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-14.59%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2-53.70%๐Ÿ‡บ๐Ÿ‡ธ USA
8.94-63.02%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.