Start with its own history
At 17.10×, LTC is 1.3% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · LTCREIT - Healthcare FacilitiesUpdated Nov 5, 2026
LTC Properties, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
17.10×
1.3% belowthe 10-year annual average
Share price46.33
÷Earnings per share2.71
Price and EPS in quote currency. Calculation details
Investors are paying 17.10 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 17.32×
3-year average15.01×3 positive annual observations
5-year average16.71×5 positive annual observations
10-year average17.32×10 positive annual observations
Peer median · TTM18.50×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 13.48× | -19.2% |
| Dec 31, 2024 | 16.69× | +12.2% |
| Dec 31, 2023 | 14.87× | +4.2% |
| Dec 31, 2022 | 14.27× | -41.1% |
| Dec 31, 2021 | 24.21× | +50.6% |
| Dec 31, 2020 | 16.08× | -27.1% |
| Dec 31, 2019 | 22.05× | +107.9% |
| Dec 31, 2018 | 10.61× | -46.2% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 19.71× | -7.3% |
| Dec 31, 2016 | 21.26× | -2.9% |
| Dec 31, 2015 | 21.90× | +2.0% |
| Dec 31, 2014 | 21.48× | -0.5% |
| Dec 31, 2013 | 21.58× | -3.1% |
| Dec 31, 2012 | 22.27× | -1.8% |
| Dec 31, 2011 | 22.69× | -2.2% |
| Dec 31, 2010 | 23.21× | +10.2% |
| Dec 31, 2009 | 21.06× | +28.8% |
| Dec 31, 2008 | 16.35× | -13.8% |
| Dec 31, 2007 | 18.98× | +83.4% |
| Dec 31, 2006 | 10.34× | -22.3% |
| Dec 31, 2005 | 13.31× | -48.5% |
| Dec 31, 2004 | 25.86× | -36.8% |
| Dec 31, 2003 | 40.94× | +454.5% |
| Dec 31, 2002 | 7.38× | N/M |
| Dec 31, 2001 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How LTC compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 LTC This stockLTC Properties, Inc. | 17.10× |
 DXDynex Capital, Inc. | 49.59× |
 EPREPR Properties | 17.01× |
 DRHDiamondRock Hospitality Company | 18.50× |
 GTYGetty Realty Corp. | 17.26× |
 SILASila Realty Trust, Inc. | 44.00× |
 IIPRInnovative Industrial Properties, Inc. | 12.49× |
 TRTXTPG RE Finance Trust, Inc. | 18.50× |
 GNLGlobal Net Lease, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does LTC’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 18.50×. 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 LTC 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("LTC", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 46.33 ÷ EPS 2.71 = 17.10×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 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.
LTC P/E ratio: common questions
The essentials behind the numbers.
LTC Properties, Inc.'s current P/E is 17.10× based on the quote data last updated Nov 5, 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.