The current PE ratio for Eastgroup Properties stock as of May 2, 2024 is 34.24. This is calculated based on the current EPS of $4.63 and the stock price of $158.52 per share. The PE ratio has decreased by 19% from the past four quarters average of 42.2.
The average historical PE ratio of Eastgroup Properties for the last ten years is 39.63. The current price-to-earnings ratio of 34.24 is 14% 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 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 | 17.92 | $13.11B |
| WY Weyerhaeuser Co | 28.23 | $22.64B |
| EGP Eastgroup Properties Inc | 34.44 | $7.68B |
| FRT Federal Realty Investment Trust | 36.06 | $8.41B |
| MPW Medical Properties Trust Inc | N/A | $2.94B |
EGP stock has a price to earnings ratio of 34.24 as of May 2, 2024.
The average PE ratio for EGP stock over the past 3 years is 42.8.
The average PE ratio for EGP stock over the past 5 years is 43.17.
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 14% 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 (May 2, 2024), Eastgroup Properties's stock price is $158.52. 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 34.24. PE RATIO(34.24) = STOCK PRICE($158.52) / TTM EPS($4.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.