Global Medical REIT Inc.

Global Medical REIT Inc.verified

GMRE

Price:

$8.7

Market Cap:

$581.19M

Global Medical REIT Inc. is net-lease medical office REIT that acquires purpose-built specialized healthcare facilities and leases those facilities to strong healthcare systems and physician groups with leading market share.[Read more]

Industry

REIT - Healthcare Facilities

IPO Date

2016-06-30

Stock Exchange

NYSE

Ticker

GMRE

The PE Ratio as of November 2024 (TTM) for Global Medical REIT Inc. (GMRE) is -435.00

According to Global Medical REIT Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -435.00. This represents a change of -579.82% compared to the average of 90.66 of the last 4 quarters.

Global Medical REIT Inc. (GMRE) Historical PE Ratio (quarterly & annually)

How has GMRE PE Ratio performed in the past?

The mean historical PE Ratio of Global Medical REIT Inc. over the last ten years is -492.00. The current -435.00 PE Ratio has changed 8.74% with respect to the historical average. Over the past ten years (40 quarters), GMRE's PE Ratio was at its highest in in the December 2023 quarter at 295.36. The PE Ratio was at its lowest in in the June 2024 quarter at -86.64.

Quarterly (TTM)
Annual

Average

-492.00

Median

-21.19

Minimum

-4233.14

Maximum

35.30

Global Medical REIT Inc. (GMRE) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Global Medical REIT Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.31%

Maximum Annual PE Ratio = 35.30

Minimum Annual Increase = -475.62%

Minimum Annual PE Ratio = -4233.14

Quarterly (TTM)
Annual
YearPE RatioChange
202335.30-129.77%
2022-118.57-77.15%
2021-518.981.67%
2020-29.32-46.09%
2019-54.39-475.62%
201814.48-100.34%
2017-4233.1432.31%
2016-13.06739.81%
2015-1.56109.53%
2014-0.74-82.83%

Global Medical REIT Inc. (GMRE) Average PE Ratio

How has GMRE PE Ratio performed in the past?

The current PE Ratio of Global Medical REIT Inc. (GMRE) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-200.75

5-year avg

-137.19

10-year avg

-492.00

Global Medical REIT Inc. (GMRE) PE Ratio vs. Peers

How is GMRE’s PE Ratio compared to its peers?

Global Medical REIT Inc.’s PE Ratio is less than Healthpeak Properties, Inc. (61.67), less than Healthpeak Properties, Inc. (61.67), less than Ventas, Inc. (-307.28), less than National Health Investors, Inc. (26.65), less than Sabra Health Care REIT, Inc. (44.39), less than Healthcare Realty Trust Incorporated (-10.50), less than CareTrust REIT, Inc. (48.69), less than Omega Healthcare Investors, Inc. (29.13), less than Universal Health Realty Income Trust (30.90), greater than Community Healthcare Trust Incorporated (-447.64), less than Global Medical REIT Inc. (192.95),

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