The current PE ratio for Eastgroup Properties stock as of Jul 26, 2024 is 38.9. This is calculated based on the current EPS of $4.81 and the stock price of $187.1 per share. The current PE ratio is about the same as the last 4 quarters average.
The average historical PE ratio of Eastgroup Properties for the last ten years is 39.12. The current price-to-earnings ratio of 38.9 is in line with 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 FRT, EGP's PE ratio is lower, but it is higher than WY's and HST's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HST Host Hotels & Resorts Inc | 16.94 | $12.3B |
| WY Weyerhaeuser Co | 28.73 | $23.04B |
| EGP Eastgroup Properties Inc | 38.9 | $9.12B |
| FRT Federal Realty Investment Trust | 38.99 | $9.09B |
| MPW Medical Properties Trust Inc | N/A | $3.19B |
EGP stock has a price to earnings ratio of 38.9 as of Jul 26, 2024.
The average PE ratio for EGP stock over the past 3 years is 41.1.
The average PE ratio for EGP stock over the past 5 years is 42.61.
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 0.6% 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 (Jul 26, 2024), Eastgroup Properties's stock price is $187.1. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.81. Therefore, Eastgroup Properties's price to earnings ratio for today is 38.9. PE RATIO(38.9) = STOCK PRICE($187.1) / TTM EPS($4.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.