P/E ratio for Sunstone Hotel Investors (SHO)
P/E ratio as of May 2024 (TTM): 24.4
According to Sunstone Hotel Investors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.369. At the end of 2022 the company had a P/E ratio of 27.6.
P/E ratio history for Sunstone Hotel Investors from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.6 | -85.88% |
| 2021 | 196 | -3412.97% |
| 2020 | -5.90 | -122.89% |
| 2019 | 25.8 | 108.05% |
| 2018 | 12.4 | -55.03% |
| 2017 | 27.6 | -2.45% |
| 2016 | 28.2 | 264.03% |
| 2015 | 7.76 | -82.61% |
| 2014 | 44.6 | -3.43% |
| 2013 | 46.2 | -52.54% |
| 2012 | 97.4 | 449.54% |
| 2011 | 17.7 | -69.13% |
| 2010 | 57.4 | -2788.49% |
| 2009 | -2.13 | -128.97% |
| 2008 | 7.37 | -31.91% |
| 2007 | 10.8 | -75.71% |
| 2006 | 44.6 | -21.19% |
| 2005 | 56.5 | -393.81% |
| 2004 | -19.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Piedmont Office Realty Trust PDM | 15.5 | -36.43% | 🇺🇸 USA |
 PREIT (Pennsylvania Real Estate Investment Trust) PRET | -0.0119 | -100.05% | 🇺🇸 USA |
 Pebblebrook Hotel Trust PEB | -15.7 | -164.46% | 🇺🇸 USA |
 Geo Group GEO | 14.3 | -41.13% | 🇺🇸 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.