Tanger Factory Outlet Centers
SKT
#3251
Rank
โ‚ฌ3.48 B
Marketcap
31,47ย โ‚ฌ
Share price
-1.21%
Change (1 day)
22.19%
Change (1 year)

P/E ratio for Tanger Factory Outlet Centers (SKT)

P/E ratio as of January 2025 (TTM): 39.0

According to Tanger Factory Outlet Centers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.0119. 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
202223.0-90.46%
2021241-1085.28%
2020-24.5-254.43%
201915.8-64.75%
201844.918.65%
201737.9112.75%
201617.820.31%
201514.8-69.17%
201448.069.39%
201328.3-52.77%
201260.04.37%
201157.5-28.12%
201080.0213.87%
200925.5-57.32%
200859.717.18%
200751.036.92%
200637.2-79.28%
200518083.29%
200498.0186.54%
200334.221.36%
200228.2-9.44%
200131.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-7.21-118.47%๐Ÿ‡บ๐Ÿ‡ธ USA
11.9-69.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-46.5-219.12%๐Ÿ‡บ๐Ÿ‡ธ USA
9.71-75.12%๐Ÿ‡บ๐Ÿ‡ธ USA
32.2-17.40%๐Ÿ‡บ๐Ÿ‡ธ USA
30.5-21.80%๐Ÿ‡บ๐Ÿ‡ธ 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.