As of May 2, 2024, the Equity Lifestyle Properties stock's PE ratio is 34.33. This results from the current EPS of $1.84 and stock price of $63.16. The P/E ratio has a decrease of 15% from the past four quarters average of 40.2.
The PE ratio of Equity Lifestyle Properties has averaged 42.95 over the last ten years. The current PE ratio of 34.33 is 20% 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 Sep 2014 quarter, when it reached 30.7 with a price of $21.18 and an EPS of $0.69.
Maximum annual increase: 30.25% in 2014
Maximum annual decrease: -31.13% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 41.74 | -1.14% |
| 2022 | 42.22 | -31.13% |
| 2021 | 61.3 | 21.89% |
| 2020 | 50.29 | 10.02% |
| 2019 | 45.71 | 12.01% |
| 2018 | 40.81 | -0.05% |
| 2017 | 40.83 | 9.88% |
| 2016 | 37.16 | -13.06% |
| 2015 | 42.74 | 17.74% |
| 2014 | 36.3 | 30.25% |
ELS's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peer stocks MFA and UHT, ELS's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MFA Mfa Financial Inc | 23.8 | $1.12B |
| UHT Universal Health Realty Income Trust | 32.38 | $501.26M |
| ELS Equity Lifestyle Properties Inc | 34.42 | $11.81B |
| CMCT CIM Commercial Trust Corp | N/A | $69.96M |
| BDN Brandywine Realty Trust | N/A | $807.95M |
As of May 2, 2024, ELS stock has a price to earnings ratio of 34.33.
The average PE ratio for ELS stock over the past 3 years is 46.54.
The average PE ratio for ELS stock over the past 5 years is 46.77.
Over the last ten years, the quarterly PE ratio reached a historic high of 61.3 in the Dec 2021 quarter.
ELS's price to earnings ratio is currently 20% below its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 2, 2024), Equity Lifestyle Properties's stock price is $63.16. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.84. Therefore, Equity Lifestyle Properties's P/E ratio for today is 34.33. PE RATIO(34.33) = STOCK PRICE($63.16) / TTM EPS($1.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.