P/E ratio for Spirit Realty Capital (SRC)
P/E ratio as of May 2023 (TTM): 17.4
According to Spirit Realty Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3604. At the end of 2018 the company had a P/E ratio of 25.6.
P/E ratio history for Spirit Realty Capital from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | 25.6 | |
| 2016 | 43.9 | 31.79% |
| 2015 | 33.3 | -131.21% |
| 2014 | -107 | |
| 2012 | -8.91 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Aimco AIV | 21.8 | 25.64% | 🇺🇸 USA |
 Diamondrock Hospitality Company DRH | 16.7 | -3.98% | 🇺🇸 USA |
 PennyMac Mortgage Investment Trust PMT | -18.2 | -204.74% | 🇺🇸 USA |
 CatchMark Timber Trust
CTT | 8.94 | -48.51% | 🇺🇸 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.