CareTrust REIT Overview
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+ Follow23.65
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
CareTrust REIT (CTRE) currently reports a P/E ratio of 23.65. That is above the Real Estate sector average of 13.35. Use the charts on this page to explore CareTrust REIT's P/E ratio history and peer comparisons.
CareTrust REIT's P/E ratio of 23.65 is higher than the Real Estate sector average of 13.35. That is roughly 77.1% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates CareTrust REIT's market price to a fundamental measure such as earnings, sales, or book value. At 23.65, CTRE can look expensive or cheap only in context — versus its own history, growth rate, and Real Estate peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 23.65, then check the historical chart for trend and the peer comparison chart for relative positioning. The Real Estate average is 13.35. From there, open related valuation or income-statement pages for CareTrust REIT, and consider following CTRE for alerts when major investors trade the stock.
CareTrust REIT is classified in the Real Estate sector. On P/E ratio, it currently shows 23.65 versus a sector average near 13.35. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Real Estate are usually more informative than comparing CTRE with unrelated industries.
