RLJ Lodging Trust
RLJ
#4738
Rank
$1.53 B
Marketcap
$9.89
Share price
-0.10%
Change (1 day)
0.41%
Change (1 year)

P/E ratio for RLJ Lodging Trust (RLJ)

P/E ratio as of September 2024 (TTM): 31.9

According to RLJ Lodging Trust's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.8977. At the end of 2022 the company had a P/E ratio of 104.

P/E ratio history for RLJ Lodging Trust from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022104-1596.76%
2021-6.9328.32%
2020-5.40-118.29%
201929.569.28%
201817.4-58.41%
201742.0175.81%
201615.218.85%
201512.8-59.54%
201431.620.96%
201326.2-47.35%
201249.7-72.79%
2011183

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.4-17.37%๐Ÿ‡บ๐Ÿ‡ธ USA
37.2 16.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-15.5-148.61%๐Ÿ‡บ๐Ÿ‡ธ USA
9.14-71.33%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.