Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
P/E ratio for Piedmont Office Realty Trust, Inc. (PDM)
P/E ratio as of 2023: -18.17
According to Piedmont Office Realty Trust, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -18.17. At the end of 2022 the company had a P/E ratio of 4.15.
P/E ratio history for Piedmont Office Realty Trust, Inc. from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -18.17 |
| 2022 | 4.15 |
| 2021 | -36.37 |
| 2020 | 11.65 |
| 2019 | 16.83 |
| 2018 | 16.51 |
| 2017 | 20.90 |
| 2016 | 28.15 |
| 2015 | 15.88 |
| 2014 | 67.07 |
| 2013 | 26.35 |
| 2012 | 32.45 |
| 2011 | 13.08 |
| 2010 | 28.57 |
| 2009 | 33.19 |
| 2008 | 18.96 |
| 2007 | 56.29 |
| 2006 | 54.02 |
| 2005 | 22.10 |
| 2004 | 11.56 |
| 2003 | 13.96 |
| 2002 | 12.63 |