As of Jul 25, 2024, the Equity Residential stock's PE ratio is 28.73. This takes into account the latest EPS of $2.42 and stock price of $69.52. The PE ratio at present is nearly equal to the average from the previous four quarters.
The PE ratio of Equity Residential has averaged 29.02 over the last ten years. The current P/E ratio of 28.73 is similar to the historical average. Looking back at the last ten years, EQR's PE ratio peaked in the Mar 2019 quarter at 50.55, when the price was $75.32 and the EPS was $1.49. The lowest point was in the Dec 2016 quarter, when it reached 5.48 with a price of $64.36 and an EPS of $11.75.
Maximum annual increase: 609.49% in 2017
Maximum annual decrease: -84.08% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.8 | -2.93% |
| 2022 | 28.64 | 12.67% |
| 2021 | 25.42 | 5.04% |
| 2020 | 24.2 | -21.94% |
| 2019 | 31 | -16.4% |
| 2018 | 37.08 | -4.63% |
| 2017 | 38.88 | 609.49% |
| 2016 | 5.48 | -84.08% |
| 2015 | 34.43 | -16.61% |
| 2014 | 41.29 | 310.85% |
EQR's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
In comparison to its peer KIM, EQR's PE ratio is lower, but it is higher than STWD's and KRC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STWD Starwood Property Trust Inc | 14.21 | $6.29B |
| KRC Kilroy Realty Corp | 20.69 | $4.23B |
| EQR Equity Residential | 29.24 | $26.82B |
| KIM Kimco Realty Corp | 39.98 | $14.28B |
| PDM Piedmont Office Realty Trust Inc | N/A | $1.08B |
EQR's price to earnings ratio is 28.73 as of Jul 25, 2024.
As an average over the last 3 years, EQR stock has a PE ratio of 26.59.
As an average over the last 5 years, EQR stock has a PE ratio of 27.77.
Over the last ten years, the quarterly PE ratio reached its highest level at 50.55 in the Mar 2019 quarter.
EQR's price to earnings ratio is currently 1% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Equity Residential's share price is $69.52. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.42. Therefore, Equity Residential's PE ratio for today is 28.73. PE RATIO(28.73) = STOCK PRICE($69.52) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.