Global Medical REIT Inc.

Global Medical REIT Inc.verified

GMRE-PA

Price:

$24.52

Market Cap:

$632.26M

Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.[Read more]

Industry

REIT - Healthcare Facilities

IPO Date

2017-09-14

Stock Exchange

NYSE

Ticker

GMRE-PA

The PE Ratio as of July 2024 (TTM) for Global Medical REIT Inc. (GMRE-PA) is 123.22

According to Global Medical REIT Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 123.22. This represents a change of 22.72% compared to the average of 100.41 of the last 4 quarters.

Global Medical REIT Inc. (GMRE-PA) Historical PE Ratio (quarterly & annually)

How has GMRE-PA PE Ratio performed in the past?

The mean historical PE Ratio of Global Medical REIT Inc. over the last ten years is -492.00. The current 123.22 PE Ratio has changed -2604.49% with respect to the historical average. Over the past ten years (40 quarters), GMRE-PA's PE Ratio was at its highest in in the December 2023 quarter at 295.36. The PE Ratio was at its lowest in in the June 2017 quarter at -63.32.

Quarterly (TTM)
Annual

Average

-492.00

Median

-21.19

Minimum

-4233.14

Maximum

35.30

Global Medical REIT Inc. (GMRE-PA) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Global Medical REIT Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.31%

Maximum Annual PE Ratio = 35.30

Minimum Annual Increase = -475.62%

Minimum Annual PE Ratio = -4233.14

Quarterly (TTM)
Annual
YearPE RatioChange
202335.30-129.77%
2022-118.57-77.15%
2021-518.981.67%
2020-29.32-46.09%
2019-54.39-475.62%
201814.48-100.34%
2017-4233.1432.31%
2016-13.06739.81%
2015-1.56109.53%
2014-0.74-82.83%

Global Medical REIT Inc. (GMRE-PA) Average PE Ratio

How has GMRE-PA PE Ratio performed in the past?

The current PE Ratio of Global Medical REIT Inc. (GMRE-PA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-200.75

5-year avg

-137.19

10-year avg

-492.00

Global Medical REIT Inc. (GMRE-PA) PE Ratio vs. Peers

How is GMRE-PA’s PE Ratio compared to its peers?

Global Medical REIT Inc.’s PE Ratio is greater than Global Medical REIT Inc. (30.49), greater than Community Healthcare Trust Incorporated (37.16), greater than National Health Investors, Inc. (24.10), greater than Healthcare Realty Trust Incorporated (-13.29), less than Healthpeak Properties, Inc. (329.20), greater than Sabra Health Care REIT, Inc. (77.39), greater than Universal Health Realty Income Trust (28.81), less than Welltower Inc. (141.22), less than Healthpeak Properties, Inc. (329.20), greater than Ventas, Inc. (-297.36), greater than CareTrust REIT, Inc. (56.55),

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