ELS
Equity Lifestyle Properties
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: ELS
- PE Ratio
As of Jul 13, 2026, the Equity Lifestyle Properties stock's PE ratio is 32.49. This results from the current EPS of $2 and stock price of $64.98. The P/E ratio has an increase of 5% from the past four quarters average of 30.9.
ELS PE ratio history
The PE ratio of Equity Lifestyle Properties has averaged 42.03 over the last ten years. The current PE ratio of 32.49 is 23% below the historical average. Over the past ten years, ELS's PE ratio was at its highest in the Dec 2021 quarter at 61.3, when the stock price was $87.66 and the EPS was $1.43. The lowest value was in the Dec 2025 quarter, when it reached 30.15 with a price of $60.61 and an EPS of $2.01.
Equity Lifestyle Properties PE ratio by year
Maximum annual increase: 138.5% in 2011
Maximum annual decrease: -52.51% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 30.15 | -11.27% | $60.61 | $2.01 |
| 2024 | 33.98 | -18.59% | $66.6 | $1.96 |
| 2023 | 41.74 | -1.14% | $70.54 | $1.69 |
| 2022 | 42.22 | -31.13% | $64.6 | $1.53 |
| 2021 | 61.3 | 21.89% | $87.66 | $1.43 |
| 2020 | 50.29 | 10.02% | $63.36 | $1.26 |
| 2019 | 45.71 | 12.01% | $70.39 | $1.54 |
| 2018 | 40.81 | -0.05% | $48.57 | $1.19 |
| 2017 | 40.83 | 8.74% | $44.51 | $1.09 |
| 2016 | 37.55 | -12.14% | $36.05 | $0.96 |
| 2015 | 42.74 | 17.74% | $33.34 | $0.78 |
| 2014 | 36.3 | 30.25% | $25.78 | $0.71 |
| 2013 | 27.87 | -43.67% | $18.12 | $0.65 |
| 2012 | 49.48 | -52.51% | $16.82 | $0.34 |
| 2011 | 104.2 | 138.5% | $16.67 | $0.16 |
Equity Lifestyle Properties PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 31.21 | 3.52% | $62.42 | $2 |
| Dec 2025 | 30.15 | -0.66% | $60.61 | $2.01 |
| Sep 2025 | 30.35 | -4.53% | $60.7 | $2 |
| Jun 2025 | 31.79 | -7.53% | $61.67 | $1.94 |
| Mar 2025 | 34.38 | 1.18% | $66.7 | $1.94 |
| Dec 2024 | 33.98 | -7.11% | $66.6 | $1.96 |
| Sep 2024 | 36.58 | 7.84% | $71.34 | $1.95 |
| Jun 2024 | 33.92 | -3.09% | $65.13 | $1.92 |
| Mar 2024 | 35 | -16.15% | $64.4 | $1.84 |
| Dec 2023 | 41.74 | 3.52% | $70.54 | $1.69 |
| Sep 2023 | 40.32 | -7.78% | $63.71 | $1.58 |
| Jun 2023 | 43.72 | -1% | $66.89 | $1.53 |
| Mar 2023 | 44.16 | 4.59% | $67.13 | $1.52 |
| Dec 2022 | 42.22 | 0.12% | $64.6 | $1.53 |
| Sep 2022 | 42.17 | -9.64% | $62.84 | $1.49 |
ELS Price vs fair value
ELS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
ELS's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
Equity Lifestyle Properties's P/E of 32.49 is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 24.37, Equity Lifestyle Properties's P/E is 33% higher.
ELS PE vs peers
Compared to its peer UHT, ELS's PE ratio stands lower, however it is higher than MFA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MFA Mfa Financial Inc | 10.57 | $956.02M |
| ELS Equity Lifestyle Properties Inc | 32.49 | $12.6B |
| UHT Universal Health Realty Income Trust | 33.42 | $598.18M |
| CMCT CIM Commercial Trust Corp | N/A | $8.63M |
| BDN Brandywine Realty Trust | N/A | $547.19M |
Frequently asked questions
What is Equity Lifestyle Properties's PE ratio?
As of Jul 13, 2026, ELS stock has a price to earnings ratio of 32.49.
What is the 3-year average PE ratio for Equity Lifestyle Properties (ELS)?
The average PE ratio for ELS stock over the past 3 years is 34.49.
What is the 5-year average PE ratio for Equity Lifestyle Properties (ELS)?
The average PE ratio for ELS stock over the past 5 years is 40.26.
What is the highest PE ratio for ELS?
Over the last ten years, the quarterly PE ratio reached a historic high of 61.3 in the Dec 2021 quarter.
How does the current PE ratio for ELS compare to its historical average?
ELS's price to earnings ratio is currently 23% below its 10-year historical average.
How is ELS's PE ratio calculated (Equity Lifestyle Properties PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 13, 2026), Equity Lifestyle Properties's stock price is $64.98. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2. Therefore, Equity Lifestyle Properties's P/E ratio for today is 32.49. PE RATIO(32.49) = STOCK PRICE($64.98) / TTM EPS($2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.