The current PE ratio for Eastgroup Properties stock as of Nov 21, 2024 is 34.76. This is calculated based on the current EPS of $4.87 and the stock price of $169.28 per share. The PE ratio has decreased by 10% from the past four quarters average of 38.5.
The average historical PE ratio of Eastgroup Properties for the last ten years is 39.02. The current price-to-earnings ratio of 34.76 is 11% less than the historical average. In the past ten years, EGP's PE ratio reached its highest point in the Dec 2021 quarter at 58.27, when the stock price was $227.85 and the EPS was $3.91. The lowest point was recorded in the Jun 2016 quarter, when it reached 25.06 with a price of $68.92 and an EPS of $2.75.
Maximum annual increase: 43.13% in 2017
Maximum annual decrease: -41.86% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 41.43 | 22.28% |
2022 | 33.88 | -41.86% |
2021 | 58.27 | 16.91% |
2020 | 49.84 | 22.1% |
2019 | 40.82 | 11.26% |
2018 | 36.69 | 1.72% |
2017 | 36.07 | 43.13% |
2016 | 25.2 | -32.48% |
2015 | 37.32 | -9.83% |
2014 | 41.39 | -22.84% |
The current PE ratio of EGP is lower than the 3, 5 and 10-year averages.
When compared to its peer WY, EGP's PE ratio is lower, but it is higher than HST's and FRT's.
Stock name | PE ratio | Market cap |
---|---|---|
HST Host Hotels & Resorts Inc | 17.37 | $12.51B |
FRT Federal Realty Investment Trust | 33.55 | $9.57B |
EGP Eastgroup Properties Inc | 34.76 | $8.38B |
WY Weyerhaeuser Co | 41.35 | $22.23B |
MPW Medical Properties Trust Inc | N/A | $2.54B |
EGP stock has a price to earnings ratio of 34.76 as of Nov 21, 2024.
The average PE ratio for EGP stock over the past 3 years is 39.81.
The average PE ratio for EGP stock over the past 5 years is 41.99.
Over the last ten years, the quarterly PE ratio reached a historic high of 58.27 in the Dec 2021 quarter.
The current price to earnings ratio of EGP is 11% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Eastgroup Properties's stock price is $169.28. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.87. Therefore, Eastgroup Properties's price to earnings ratio for today is 34.76. PE RATIO(34.76) = STOCK PRICE($169.28) / TTM EPS($4.87)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.