P/E ratio for Sotherly Hotels (SOHO)
P/E ratio as of May 2024 (TTM): 4.63
According to Sotherly Hotels's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.62903. At the end of 2022 the company had a P/E ratio of 1.30.
P/E ratio history for Sotherly Hotels from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.30 | -232.71% |
| 2021 | -0.9812 | 60.53% |
| 2020 | -0.6112 | -95.94% |
| 2019 | -15.1 | 15.48% |
| 2018 | -13.0 | -49.43% |
| 2017 | -25.8 | -96.2% |
| 2016 | -679 | -4619.32% |
| 2015 | 15.0 | -55.93% |
| 2014 | 34.1 | -268.91% |
| 2013 | -20.2 | 149.25% |
| 2012 | -8.10 | 70.12% |
| 2011 | -4.76 | -43.6% |
| 2010 | -8.44 | 16.41% |
| 2009 | -7.25 | -42.91% |
| 2008 | -12.7 | -163.5% |
| 2007 | 20.0 | -6.5% |
| 2006 | 21.4 | -15.76% |
| 2005 | 25.4 | -154.9% |
| 2004 | -46.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Tanger Factory Outlet Centers
SKT | 33.1 | 615.46% | 🇺🇸 USA |
 Agree Realty
ADC | 35.2 | 659.89% | 🇺🇸 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.