The current price-to-earnings ratio for Alexandria Real Estate Equities stock as of Jul 25, 2024 is 143.22. This is calculated based on the current EPS of $0.81 and the stock price of $116.01 per share. The current PE ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Alexandria Real Estate Equities for the last ten years is 75.48. The current price-to-earnings ratio of 143.22 is 90% 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.
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 above its 3, 5 and 10-year historical averages.
When compared to its peer GILD, ARE's PE ratio is lower, but it is higher than LLY's and AMGN's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMGN Amgen Inc | 47.56 | $179.63B |
| LLY ELI LILLY & Co | 117.98 | $764.72B |
| ARE Alexandria Real Estate Equities Inc | 146.81 | $20.8B |
| GILD Gilead Sciences Inc | 192.53 | $95.94B |
| BMY Bristol Myers Squibb Co | N/A | $102.27B |
| PFE Pfizer Inc | N/A | $174.36B |
| ALNY Alnylam Pharmaceuticals Inc | N/A | $29.71B |
| ILMN Illumina Inc | N/A | $19.18B |
ARE's price to earnings ratio is 143.22 as of Jul 25, 2024.
Over the last 3 years, the average PE ratio for ARE stock is 80.15.
Over the last 5 years, the average PE ratio for ARE stock is 69.9.
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 90% higher than the 10-year historical average.
ARE's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
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 (Jul 25, 2024), Alexandria Real Estate Equities's stock price is $116.01. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.81. Therefore, Alexandria Real Estate Equities's price to earnings ratio for today is 143.22. PE RATIO(143.22) = STOCK PRICE($116.01) / TTM EPS($0.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.