P/E ratio for Tanger Factory Outlet Centers (SKT)
P/E ratio as of April 2024 (TTM): 31.9
According to Tanger Factory Outlet Centers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.9286. At the end of 2022 the company had a P/E ratio of 23.0.
P/E ratio history for Tanger Factory Outlet Centers from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 23.0 | -90.46% |
| 2021 | 241 | -1085.28% |
| 2020 | -24.5 | -254.43% |
| 2019 | 15.8 | -64.75% |
| 2018 | 44.9 | 18.65% |
| 2017 | 37.9 | 112.75% |
| 2016 | 17.8 | 20.31% |
| 2015 | 14.8 | -69.17% |
| 2014 | 48.0 | 69.39% |
| 2013 | 28.3 | -52.77% |
| 2012 | 60.0 | 4.37% |
| 2011 | 57.5 | -28.12% |
| 2010 | 80.0 | 213.87% |
| 2009 | 25.5 | -57.32% |
| 2008 | 59.7 | 17.18% |
| 2007 | 51.0 | 36.92% |
| 2006 | 37.2 | -79.28% |
| 2005 | 180 | 83.29% |
| 2004 | 98.0 | 186.54% |
| 2003 | 34.2 | 21.36% |
| 2002 | 28.2 | -9.44% |
| 2001 | 31.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Gap Inc.
GPS | 72.5 | 127.12% | 🇺🇸 USA |
 Hanesbrands
HBI | -4.22 | -113.23% | 🇺🇸 USA |
 Phillips-Van Heusen
PVH | 35.3 | 10.69% | 🇺🇸 USA |
 VF Corporation VFC | -23.0 | -172.15% | 🇺🇸 USA |
 Ralph Lauren RL | 19.7 | -38.17% | 🇺🇸 USA |
 Carter's CRI | 13.0 | -59.19% | 🇺🇸 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.