As of May 3, 2024, the Equity Residential stock's PE ratio is 27.24. This takes into account the latest EPS of $2.42 and stock price of $65.91. The PE ratio marks a decrease of 6% from its last 4 quarters average of 29.1.
The PE ratio of Equity Residential has averaged 29.13 over the last ten years. The current P/E ratio of 27.24 is 6% lower than 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 lower than its 3, 5 and 10-year averages.
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 | 18.21 | $6.11B |
| KRC Kilroy Realty Corp | 19.5 | $3.98B |
| EQR Equity Residential | 27.24 | $24.98B |
| KIM Kimco Realty Corp | 36.04 | $12.88B |
| PDM Piedmont Office Realty Trust Inc | N/A | $856.09M |
EQR's price to earnings ratio is 27.24 as of May 3, 2024.
As an average over the last 3 years, EQR stock has a PE ratio of 27.74.
As an average over the last 5 years, EQR stock has a PE ratio of 28.27.
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 6% 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 (May 3, 2024), Equity Residential's share price is $65.91. 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 27.24. PE RATIO(27.24) = STOCK PRICE($65.91) / TTM EPS($2.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.