Is CareTrust REIT Inc. (CTRE) overvalued? · P/E 33, rev $296.3M
CareTrust REIT Inc. (CTRE) is a reit - healthcare facilities company listed on US.
This page asks whether CareTrust REIT Inc. (CTRE) looks expensive on cached numbers — not a short thesis.
Latest reported CTRE revenue for 2024-12-31 was $296.3M. Net income was $124.4M. Revenue was up 36.1% from 2023-12-31 to 2024-12-31. CTRE currently screens at market cap $5.86B and trailing P/E 32.9.
CTRE currently screens at market cap $5.86B and trailing P/E 32.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next CTRE 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the CTRE stock page for the full model, not this heading.
Not investment advice.