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Summit Hotel Properties PE Ratio

: At Loss (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2021-10-17), Summit Hotel Properties's share price is $10.19. Summit Hotel Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $-1.37. Therefore, Summit Hotel Properties's PE Ratio for today is At Loss.


The historical rank and industry rank for Summit Hotel Properties's PE Ratio or its related term are showing as below:

NYSE:INN' s PE Ratio Range Over the Past 10 Years
Min: At Loss   Med: 19.01   Max: 269.8
Current: At Loss

At Loss
269.8

During the past 13 years, the highest PE Ratio of Summit Hotel Properties was 269.80. The lowest was 0.00. And the median was 19.01.


NYSE:INN's PE Ratio is ranked lower than
99.99% of the 164 Companies
in the REITs industry.

( Industry Median: 21.25 vs. NYSE:INN: At Loss )

Summit Hotel Properties's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $-0.21. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $-1.37.

As of today (2021-10-17), Summit Hotel Properties's share price is $10.19. Summit Hotel Properties's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $-1.37. 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 269.80. The lowest was 0.00. And the median was 17.25.

Summit Hotel Properties's EPS without NRI for the three months ended in Jun. 2021 was $-0.21. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2021 was $-1.37.

Summit Hotel Properties's EPS (Basic) for the three months ended in Jun. 2021 was $-0.21. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2021 was $-1.37.


Summit Hotel Properties PE Ratio Historical Data

The historical data trend for Summit Hotel Properties's 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.

Summit Hotel Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.03 19.28 14.31 18.98 At Loss

Summit Hotel Properties Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss At Loss At Loss At Loss At Loss

Competitive Comparison

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties's PE Ratio, along with its competitors' market caps and 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.

   

Summit Hotel Properties PE Ratio Distribution

For the REITs industry and Real Estate sector, Summit Hotel Properties's PE Ratio distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's PE Ratio falls into.



Summit Hotel Properties PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Summit Hotel Properties's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=10.19/-1.370
=At Loss

Summit Hotel Properties's Share Price of today is $10.19.
Summit Hotel Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.37.

* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Summit Hotel Properties  (NYSE:INN) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items 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.


Summit Hotel Properties PE Ratio Related Terms

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


Summit Hotel Properties Business Description

Summit Hotel Properties logo
Industry
Real Estate » REITs NAICS : 531120 SIC : 6798
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 major brands, including Marriott, Hilton, Hyatt, and Holiday Inn.
Executives
Taitz Hope S director C/O ATHENE HOLDING LTD., CHESNEY HOUSE 96 PITTS BAY ROAD PEMBROKE D0 HM08
Jones Jeffrey W director P O BOX 7 VAIL CO 81658
Storey Thomas W. director 2701 S. MINNESOTA AVENUE SUITE 6 SIOUX FALLS SD 57105
Hanson Bjorn R.l. director 2701 S. MINNESOTA AVENUE SUITE 6 SIOUX FALLS SD 57105
Kay Kenneth J director 3355 LAS VEGAS BOULEVARD SOUTH LAS VEGAS NV 89109
Hansen Daniel P director, officer: Chairman, President and CEO 4808 FLORENCE ST BELLAIRE TX 77401
Stanner Jonathan P officer: EVP & Chief Financial Officer 12600 HILL COUNTRY BLVD SUITE R-100 AUSTIN TX 78738
Eng Christopher R. officer: EVP, General Counsel & CRO 2701 S. MINNESOTA AVENUE SUITE 6 SIOUX FALLS SD 57105
Aniszewski Craig J officer: EVP and COO 119 STORMY POINTE LN MOORESVILLE NC 28117
Ruiz Paul officer: SVP & Chief Accounting Officer 3200 WILCREST DRIVE SUITE 370 HOUSTON TX 77042
Dowell Greg A officer: EVP & CFO 805 LAS CIMAS PARKWAY SUITE 400 AUSTIN TX 78746
Boekelheide Kerry W director, officer: Executive Chairman 2200 EAST ST CHARLES CIR SIOUX FALLS SD 57103
Wielgus Wayne director 10750 COLUMBIA PIKE SILVER SPRING MD 20901
Kay David S director 8270 GREENSBORO DR STE 950 MCLEAN VA 22102
Becker Stuart J. officer: EVP, CFO and Treasurer 2701 S. MINNESOTA AVENUE SUITE 6 SIOUX FALLS SD 57105

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