The current price-to-earnings ratio for Alexandria Real Estate Equities stock as of Dec 20, 2024 is 60.47. This is calculated based on the current EPS of $1.64 and the stock price of $99.17 per share. The PE ratio has decreased by 58% from the past four quarters average of 143.0.
The average historical PE ratio of Alexandria Real Estate Equities for the last ten years is 76.33. The current price-to-earnings ratio of 60.47 is 21% less than the historical average. In the past ten years, ARE's PE ratio reached its highest point in the Jun 2017 quarter at 293.83, when the stock price was $120.47 and the EPS was $0.41. The lowest point was recorded in the Jun 2021 quarter, when it reached 27.16 with a price of $181.94 and an EPS of $6.7.
Maximum annual increase: 412.46% in 2023
Maximum annual decrease: -60.25% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 234.76 | 412.46% |
2022 | 45.81 | -21.3% |
2021 | 58.21 | 96.92% |
2020 | 29.56 | -42.74% |
2019 | 51.62 | 58.1% |
2018 | 32.65 | -60.25% |
2017 | 82.13 | N/A |
2016 | N/A | N/A |
2015 | 55.44 | -36.9% |
2014 | 87.86 | 120.98% |
The current PE ratio of ARE is lower than the 3, 5 and 10-year averages.
When compared to its peers LLY and GILD, ARE's PE ratio is lower, but it is higher than PFE's and AMGN's.
Stock name | PE ratio | Market cap |
---|---|---|
AMGN Amgen Inc | 33.38 | $141.58B |
PFE Pfizer Inc | 34.68 | $149.38B |
ARE Alexandria Real Estate Equities Inc | 60.47 | $17.33B |
LLY ELI LILLY & Co | 82.64 | $728.85B |
GILD Gilead Sciences Inc | 925.7 | $115.37B |
BMY Bristol Myers Squibb Co | N/A | $116.28B |
ALNY Alnylam Pharmaceuticals Inc | N/A | $31.66B |
ILMN Illumina Inc | N/A | $21.57B |
ARE's price to earnings ratio is 60.47 as of Dec 20, 2024.
Over the last 3 years, the average PE ratio for ARE stock is 83.82.
Over the last 5 years, the average PE ratio for ARE stock is 65.97.
In the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 293.83.
The current price to earnings ratio of ARE is 21% lower than the 10-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Dec 20, 2024), Alexandria Real Estate Equities's stock price is $99.17. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.64. Therefore, Alexandria Real Estate Equities's price to earnings ratio for today is 60.47. PE RATIO(60.47) = STOCK PRICE($99.17) / TTM EPS($1.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.