Spirit Realty Capital Forward PE Ratio Historical Data
The historical data trend for Spirit Realty Capital's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Spirit Realty Capital Forward PE Ratio Chart
Spirit Realty Capital Annual Data
Trend
2016-12
2017-12
2018-11
2019-12
2020-12
2021-12
2022-12
2023-12
2024-01
Forward PE Ratio
28.57
36.36
36.36
47.62
68.03
30.67
25.00
31.75
31.25
Spirit Realty Capital Quarterly Data
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2019-09
2019-12
2020-03
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
Forward PE Ratio
29.94
37.04
31.75
28.57
31.75
30.58
40.49
36.36
36.23
37.45
51.02
47.62
25.06
68.03
44.25
44.05
30.96
30.67
33.44
25.51
23.98
25.00
25.19
28.57
23.87
31.75
Competitive Comparison of Spirit Realty Capital's Forward PE Ratio
For the REIT - Diversified subindustry, Spirit Realty Capital's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spirit Realty Capital's Forward PE Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Spirit Realty Capital's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Spirit Realty Capital's Forward PE Ratio falls into.
Spirit Realty Capital Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Spirit Realty Capital (NYSE:SRC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Spirit Realty Capital Forward PE Ratio Related Terms
Thank you for viewing the detailed overview of Spirit Realty Capital's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Spirit Realty Capital (Spirit Realty Capital) Business Description
Spirit Realty Capital Inc is a real estate investment trust primarily involved in leasing properties throughout the U.S. Spirit Realty's core business is acquiring real estate through sale-leaseback transactions in which a tenant will sell their property to Spirit and then lease that same property back from Spirit through a prearranged, long-term agreement. Spirit generates nearly all of its revenue in the form of rental income derived from leasing assets in its real estate portfolio. The vast majority of this portfolio is composed of retail properties. General merchandise companies, casual dining chains, and quick service restaurant chains represent significant amounts of Spirit's rental income. The company's real estate assets are fairly evenly distributed throughout the U.S.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SRC has been successfully added to your