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/S ratio for Apple Hospitality REIT, Inc. (APLE)
P/S ratio as of 2023: 2.83
According to Apple Hospitality REIT, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.83. At the end of 2022 the company had a P/S ratio of 2.92.
P/S ratio history for Apple Hospitality REIT, Inc. from 2008 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 2.83 |
| 2022 | 2.92 |
| 2021 | 3.91 |
| 2020 | 4.79 |
| 2019 | 2.87 |
| 2018 | 2.58 |
| 2017 | 3.54 |
| 2016 | 3.66 |
| 2015 | 4.01 |
| 2014 | 4.19 |
| 2013 | 4.24 |
| 2012 | 4.49 |
| 2011 | 5.14 |
| 2010 | 18.69 |
| 2009 | 6.98 |
| 2008 | 357.27 |