Global Medical REIT Inc.

Global Medical REIT Inc.verified

GMRE-PA

Price:

$25.52

Market Cap:

$599.47M

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

2017-09-14

Stock Exchange

NYSE

Ticker

GMRE-PA

The PE Ratio as of September 2024 (TTM) for Global Medical REIT Inc. (GMRE-PA) is 128.24

According to Global Medical REIT Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 128.24. This represents a change of 68.90% compared to the average of 75.93 of the last 4 quarters.

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

How has GMRE-PA 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 128.24 PE Ratio has changed -2706.52% with respect to the historical average. Over the past ten years (40 quarters), GMRE-PA'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-PA) 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-PA) Average PE Ratio

How has GMRE-PA PE Ratio performed in the past?

The current PE Ratio of Global Medical REIT Inc. (GMRE-PA) is greater than its 3-year, greater 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-PA) PE Ratio vs. Peers

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

Global Medical REIT Inc.’s PE Ratio is greater than Global Medical REIT Inc. (103.97), less than Community Healthcare Trust Incorporated (671.08), greater than National Health Investors, Inc. (27.99), greater than Healthcare Realty Trust Incorporated (-11.81), greater than Healthpeak Properties, Inc. (89.88), greater than Sabra Health Care REIT, Inc. (76.42), greater than Universal Health Realty Income Trust (34.14), greater than Welltower Inc. (126.13), greater than Healthpeak Properties, Inc. (89.88), greater than Ventas, Inc. (-163.53), greater than CareTrust REIT, Inc. (57.92),

Build a custom stock screener for Global Medical REIT Inc. (GMRE-PA) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Global Medical REIT Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Global Medical REIT Inc. (GMRE-PA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Global Medical REIT Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Global Medical REIT Inc.'s PE Ratio?

How is the PE Ratio calculated for Global Medical REIT Inc. (GMRE-PA)?

What is the highest PE Ratio for Global Medical REIT Inc. (GMRE-PA)?

What is the 3-year average PE Ratio for Global Medical REIT Inc. (GMRE-PA)?

What is the 5-year average PE Ratio for Global Medical REIT Inc. (GMRE-PA)?

How does the current PE Ratio for Global Medical REIT Inc. (GMRE-PA) compare to its historical average?