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ARE Alexandria Real Estate Equities PE ratio, current and historical analysis

The current price-to-earnings ratio for Alexandria Real Estate Equities stock as of Jun 14, 2024 is 108.71. This is calculated based on the current EPS of $1.07 and the stock price of $116.32 per share. The PE ratio has decreased by 6% from the past four quarters average of 115.4.

ARE PE ratio history

How has ARE's PE ratio performed in the past

The average historical PE ratio of Alexandria Real Estate Equities for the last ten years is 72.73. The current price-to-earnings ratio of 108.71 is 49% more 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.

Average
72.73
Median
50.4
Minimum
27.16
Maximum
293.83

Alexandria Real Estate Equities PE ratio by year

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%

ARE average PE ratio chart

What is the average PE ratio of ARE for the past years

The current PE ratio of ARE is above its 3, 5 and 10-year historical averages.

3-year avg
70.38
5-year avg
64.72
10-year avg
72.73
15-year avg
61.84

ARE PE vs peers

What is ARE's PE ratio compared to its peers

When compared to its peers LLY and GILD, ARE's PE ratio is lower, but it is higher than AMGN's.

Stock name PE ratio Market cap
AMGN Amgen Inc 42.42 $160.19B
ARE Alexandria Real Estate Equities Inc 108.71 $20.34B
LLY ELI LILLY & Co 128.8 $834.88B
GILD Gilead Sciences Inc 162.65 $81.06B
BMY Bristol Myers Squibb Co N/A $83.52B
PFE Pfizer Inc N/A $156B
ALNY Alnylam Pharmaceuticals Inc N/A $20.29B
ILMN Illumina Inc N/A $17.31B

Frequently asked questions

What is Alexandria Real Estate Equities's PE ratio?

ARE's price to earnings ratio is 108.71 as of Jun 14, 2024.

What is the 3-year average PE ratio for Alexandria Real Estate Equities (ARE)?

Over the last 3 years, the average PE ratio for ARE stock is 70.38.

What is the 5-year average PE ratio for Alexandria Real Estate Equities (ARE)?

Over the last 5 years, the average PE ratio for ARE stock is 64.72.

What is the highest PE ratio for ARE?

In the last ten years, the Jun 2017 quarter recorded the highest quarterly PE ratio at 293.83.

How does the current PE ratio for ARE compare to its historical average?

The current price to earnings ratio of ARE is 49% higher than the 10-year historical average.

Why is Alexandria Real Estate Equities's PE ratio so high?

ARE's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.

How is ARE's PE ratio calculated (Alexandria Real Estate Equities PE ratio formula)?

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 (Jun 14, 2024), Alexandria Real Estate Equities's stock price is $116.32. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.07. Therefore, Alexandria Real Estate Equities's price to earnings ratio for today is 108.71. PE RATIO(108.71) = STOCK PRICE($116.32) / TTM EPS($1.07)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.