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EGP Eastgroup Properties PE ratio, current and historical analysis

The current PE ratio for Eastgroup Properties stock as of Jun 12, 2024 is 36.15. This is calculated based on the current EPS of $4.63 and the stock price of $167.38 per share. The PE ratio has decreased by 14% from the past four quarters average of 42.2.

EGP PE ratio history

How has EGP's PE ratio performed in the past

The average historical PE ratio of Eastgroup Properties for the last ten years is 39.63. The current price-to-earnings ratio of 36.15 is 9% 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.

Average
39.63
Median
38.69
Minimum
25.06
Maximum
58.27

Eastgroup Properties PE ratio by year

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%

EGP average PE ratio chart

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

The current PE ratio of EGP is lower than the 3, 5 and 10-year averages.

3-year avg
42.8
5-year avg
43.17
10-year avg
39.63
15-year avg
43.14

EGP PE vs peers

What is EGP's PE ratio compared to its peers

When compared to its peer stocks WY and HST, EGP's PE ratio is higher.

Stock name PE ratio Market cap
HST Host Hotels & Resorts Inc 17.77 $12.9B
WY Weyerhaeuser Co 26.38 $21.16B
EGP Eastgroup Properties Inc 35.88 $8B
FRT Federal Realty Investment Trust 36.22 $8.44B
MPW Medical Properties Trust Inc N/A $2.9B

Frequently asked questions

What is Eastgroup Properties's PE ratio?

EGP stock has a price to earnings ratio of 36.15 as of Jun 12, 2024.

What is the 3-year average PE ratio for Eastgroup Properties (EGP)?

The average PE ratio for EGP stock over the past 3 years is 42.8.

What is the 5-year average PE ratio for Eastgroup Properties (EGP)?

The average PE ratio for EGP stock over the past 5 years is 43.17.

What is the highest PE ratio for EGP?

Over the last ten years, the quarterly PE ratio reached a historic high of 58.27 in the Dec 2021 quarter.

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

The current price to earnings ratio of EGP is 9% lower than the 10-year historical average.

How is EGP's PE ratio calculated (Eastgroup Properties PE ratio formula)?

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 (Jun 12, 2024), Eastgroup Properties's stock price is $167.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.63. Therefore, Eastgroup Properties's price to earnings ratio for today is 36.15. PE RATIO(36.15) = STOCK PRICE($167.38) / TTM EPS($4.63)

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