Tanger Inc. (SKT) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2025
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SKT Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 8, 2026, Tanger Inc. (SKT) trades at a price-to-earnings ratio of 36.3x, with a stock price of $36.33 and trailing twelve-month earnings per share of $1.00.
The current P/E is 51% below its 5-year average of 74.3x. Over the past five years, SKT's P/E has ranged from a low of 12.2x to a high of 788.5x, placing the current valuation at the 65th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.2x, SKT trades at a 50% premium to its sector peers. The sector includes 171 companies with P/E ratios ranging from 1.1x to 196.6x.
Relative to the broader market, SKT commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our SKT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
SKT P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $66B | 14.2 | 0.45Best | +95% | |
| $1B | 10.1 | - | +132%Best | |
| $58B | 52.8 | - | +19% | |
| $8B | 21.5 | 1.93 | -4% | |
| $16B | 28.3 | - | +51% | |
| $14B | 27.6 | 0.45 | +34% | |
| $9B | 24.1 | - | +13% | |
| $4B | 8.4Lowest | 0.62 | -2% | |
| $48B | 30.5 | 1.65 | +19% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
SKT Historical P/E Data (1994–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $33.37 | $1.00 | 33.4x | -28% |
| FY2025 Q3 | $33.84 | $0.94 | 36.0x | -22% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $30.58 | $0.88 | 34.8x | -25% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $33.79 | $0.84 | 40.2x | -13% |
| FY2024 Q4 | $34.13 | $0.87 | 39.2x | -15% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $33.18 | $0.86 | 38.6x | -16% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $27.11 | $0.90 | 30.1x | -35% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $29.53 | $0.91 | 32.5x | -30% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $27.72 | $0.93 | 29.8x | -35% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $22.60 | $0.80 | 28.4x | -39% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $22.07 | $0.65 | 34.1x | -26% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $19.63 | $0.61 | 32.3x | -30% |
Average P/E for displayed period: 46.1x
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Start ComparisonSKT — Frequently Asked Questions
Quick answers to the most common questions about buying SKT stock.
Is SKT stock overvalued or undervalued?
SKT trades at 36.3x P/E, below its 5-year average of 74.3x. At the 65th percentile of historical range, the stock is priced at a discount to its own history.
How does SKT's valuation compare to peers?
Tanger Inc. P/E of 36.3x compares to sector median of 24.2x. The premium reflects expected growth above peers.
What is SKT's PEG ratio?
SKT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2025.