Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 235 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Concentrated with industry-leading brands, the Company's portfolio consists of 104 Marriott-branded hotels, 126 Hilton-branded hotels, three Hyatt-branded hotels and two independent hotels.
P/E ratio for Apple Hospitality REIT, Inc. (APLE)
P/E ratio as of 2023: 21.46
According to Apple Hospitality REIT, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.46. At the end of 2022 the company had a P/E ratio of 24.95.
P/E ratio history for Apple Hospitality REIT, Inc. from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 21.46 |
| 2022 | 24.95 |
| 2021 | 194.16 |
| 2020 | -16.66 |
| 2019 | 21.16 |
| 2018 | 15.89 |
| 2017 | 24.02 |
| 2016 | 26.36 |
| 2015 | 30.69 |
| 2014 | 492.37 |
| 2013 | 14.26 |
| 2012 | 21.73 |
| 2011 | 23.52 |
| 2010 | 184.12 |
| 2009 | 35.27 |
| 2008 | 1867.55 |