Start with its own history
At 66.60×, HT is 142.6% above its 7-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · HTREIT - Hotel & MotelUpdated Oct 25, 2026
Hersha Hospitality Trust P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
66.60×
142.6% abovethe 7-observation annual average
Share price9.99
÷Earnings per share0.15
Price and EPS in quote currency. Calculation details
Investors are paying 66.60 for every 1 of reported earnings per share.
P/E over time
2013 – 2022
Annual P/ESelected-period average 27.45×
3-year average2.02×1 positive annual observations
5-year average36.09×2 positive annual observations
10-year average27.45×7 positive annual observations
Peer median · TTM23.56×3 peers with positive P/E
Historical P/E ratios
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2022 | 2.02× | N/M |
| Dec 31, 2021 | N/M | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | N/M | N/M |
| Dec 31, 2018 | 70.16× | +633.9% |
| Dec 31, 2017 | 9.56× | -1.7% |
| Dec 31, 2016 | 9.73× | -75.0% |
| Dec 31, 2015 | 38.86× | +43.7% |
View all 24 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2014 | 27.04× | -22.3% |
| Dec 31, 2013 | 34.81× | -72.2% |
| Dec 31, 2012 | 125.00× | N/M |
| Dec 31, 2011 | N/M | N/M |
| Dec 31, 2010 | N/M | N/M |
| Dec 31, 2009 | N/M | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 29.69× | -97.4% |
| Dec 31, 2006 | 1134.00× | +781.0% |
| Dec 31, 2005 | 128.71× | +46.1% |
| Dec 31, 2004 | 88.08× | +48.2% |
| Dec 31, 2003 | 59.41× | +376.4% |
| Dec 31, 2002 | 12.47× | -19.1% |
| Dec 31, 2001 | 15.41× | +2.5% |
| Dec 31, 2000 | 15.03× | +77.4% |
| Dec 31, 1999 | 8.47× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How HT compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 HT This stockHersha Hospitality Trust | 66.60× |
 LSEALandsea Homes Corporation | 23.56× |
 NHPAPNational Healthcare Properties, Inc. | N/M |
 HTIAHealthcare Trust, Inc. | N/M |
 SITCSITE Centers Corp. | 1.48× |
 NYMTNew York Mortgage Trust, Inc. | N/M |
 AICArlington Asset Investment Corp. 6.75% SR NT 25 | N/M |
 BRMKBroadmark Realty Capital Inc. | N/M |
 UBAUrstadt Biddle Properties Inc. | 28.57× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does HT’s P/E tell you?
Compare like with like
The median of the 3 positive peer ratios above is 23.56×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take HT into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("HT", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 9.99 ÷ EPS 0.15 = 66.60×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 25, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
HT P/E ratio: common questions
The essentials behind the numbers.
Hersha Hospitality Trust's current P/E is 66.60× based on the quote data last updated Oct 25, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.