P/E ratio for Sun Communities (SUI)
P/E ratio as of April 2024 (TTM): 64.6
According to Sun Communities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 64.6448. At the end of 2022 the company had a P/E ratio of 72.2.
P/E ratio history for Sun Communities from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 72.2 | 14.2% |
| 2021 | 63.2 | -44.23% |
| 2020 | 113 | 35.98% |
| 2019 | 83.4 | 6.58% |
| 2018 | 78.2 | -28.32% |
| 2017 | 109 | -61.53% |
| 2016 | 284 | 918.54% |
| 2015 | 27.9 | -72.35% |
| 2014 | 101 | -23.84% |
| 2013 | 132 | -33.66% |
| 2012 | 199 | -121.84% |
| 2011 | -913 | 311.25% |
| 2010 | -222 | 271.05% |
| 2009 | -59.8 | 712.23% |
| 2008 | -7.37 | -67.48% |
| 2007 | -22.7 | -0.58% |
| 2006 | -22.8 | -77.5% |
| 2005 | -101 | 453.64% |
| 2004 | -18.3 | -135.46% |
| 2003 | 51.6 | -2.64% |
| 2002 | 53.0 | 178.87% |
| 2001 | 19.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Mid-America Apartment Communities MAA | 24.9 | -61.47% | 🇺🇸 USA |
 Rexford Industrial REXR | 40.2 | -37.77% | 🇺🇸 USA |
 STAG Industrial STAG | 34.1 | -47.18% | 🇺🇸 USA |
 Terreno Realty
TRNO | 29.2 | -54.80% | 🇺🇸 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.