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Summit Hotel Properties (Summit Hotel Properties) Price-to-Owner-Earnings : (As of Apr. 29, 2024)


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What is Summit Hotel Properties Price-to-Owner-Earnings?

As of today (2024-04-29), Summit Hotel Properties's share price is $6.13. Summit Hotel Properties does not have enough data to calculate Owner Earnings per Share (TTM), so as pPrice-to-Owner-Earnings.


The historical rank and industry rank for Summit Hotel Properties's Price-to-Owner-Earnings or its related term are showing as below:

During the past 13 years, the highest Price-to-Owner-Earnings of Summit Hotel Properties was 30.79. The lowest was 4.52. And the median was 11.11.


INN's Price-to-Owner-Earnings is not ranked *
in the REITs industry.
Industry Median: 14.425
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

As of today (2024-04-29), Summit Hotel Properties's share price is $6.13. Summit Hotel Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.27. Therefore, Summit Hotel Properties's PE Ratio for today is At Loss.

As of today (2024-04-29), Summit Hotel Properties's share price is $6.13. Summit Hotel Properties's EPS without NRI for the trailing twelve months (TTM) ended in was $-0.14. Therefore, Summit Hotel Properties's PE Ratio without NRI for today is At Loss.

During the past 13 years, Summit Hotel Properties's highest PE Ratio without NRI was 802.00. The lowest was 0.00. And the median was 35.94.


Summit Hotel Properties Price-to-Owner-Earnings Historical Data

The historical data trend for Summit Hotel Properties's Price-to-Owner-Earnings 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.

Summit Hotel Properties Price-to-Owner-Earnings Chart

Summit Hotel Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Owner-Earnings
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Summit Hotel Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Summit Hotel Properties's Price-to-Owner-Earnings

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Summit Hotel Properties's Price-to-Owner-Earnings Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Summit Hotel Properties's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's Price-to-Owner-Earnings falls into.



Summit Hotel Properties Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Summit Hotel Properties's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=6.13/0.00
=

* 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.


Summit Hotel Properties  (NYSE:INN) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Summit Hotel Properties Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Summit Hotel Properties's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Summit Hotel Properties (Summit Hotel Properties) Business Description

Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
Executives
Hope S Taitz director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Jonathan P Stanner officer: EVP & Chief Financial Officer 12600 HILL COUNTRY BLVD, SUITE R-100, AUSTIN TX 78738
Mehulkumar Bhikhubhai Patel director 2117 KIMBALL HILL CT, SOUTHLAKE TX 76092
Newcrestimage Holdings, Llc 10 percent owner 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Bright Force Investment, Llc 10 percent owner /C/O NEWCRESTIMAGE HOLDINGS, LLC, 1785 STATE HIGHWAY 26, SUITE 400, GRAPEVINE TX 76051
Daniel P Hansen director, officer: President and CEO 4808 FLORENCE ST, BELLAIRE TX 77401
Craig J Aniszewski officer: EVP and COO 119 STORMY POINTE LN, MOORESVILLE NC 28117
William Higgins Conkling officer: EVP & Chief Financial Officer 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78738
Amina Belouizdad director 13215 BEE CAVE PARKWAY, SUITE B-300, AUSTIN TX 78783
Paul Ruiz officer: SVP & Chief Accounting Officer 3200 WILCREST DRIVE SUITE 370, HOUSTON TX 77042
Jeffrey W Jones director P O BOX 7, VAIL CO 81658
Kenneth J Kay director 3355 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Greg A Dowell officer: Executive VP & CFO 805 LAS CIMAS PARKWAY, SUITE 400, AUSTIN TX 78746
Thomas W. Storey director 2701 S. MINNESOTA AVENUE, SUITE 6, SIOUX FALLS SD 57105
Wayne Wielgus director 10750 COLUMBIA PIKE, SILVER SPRING MD 20901