P/E ratio for Four Corners Property Trust (FCPT)
P/E ratio as of May 2024 (TTM): 22.5
According to Four Corners Property Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5225. At the end of 2022 the company had a P/E ratio of 21.6.
P/E ratio history for Four Corners Property Trust from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.6 | -17.71% |
| 2021 | 26.3 | -4.74% |
| 2020 | 27.6 | 3.65% |
| 2019 | 26.6 | 31.96% |
| 2018 | 20.2 | -8.25% |
| 2017 | 22.0 | 220.07% |
| 2016 | 6.86 | -96.21% |
| 2015 | 181 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Office Properties Income Trust OPI | -4.26 | -118.91% | 🇺🇸 USA |
 One Liberty Properties OLP | 18.0 | -19.86% | 🇺🇸 USA |
 Omega Healthcare
OHI | 29.8 | 32.25% | 🇺🇸 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.