EQR
Equity Residential
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: EQR
- PE Ratio
As of Jul 13, 2026, the Equity Residential stock's PE ratio is 27.67. This takes into account the latest EPS of $2.52 and stock price of $69.72. The PE ratio has grown by 21% from its last 4 quarters average of 22.8.
EQR PE ratio history
The PE ratio of Equity Residential has averaged 28.33 over the last ten years. The current P/E ratio of 27.67 is 2.3% 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.
Equity Residential PE ratio by year
Maximum annual increase: 609.49% in 2017
Maximum annual decrease: -84.08% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.37 | -18.71% | $63.04 | $2.95 |
| 2024 | 26.29 | -5.43% | $71.76 | $2.73 |
| 2023 | 27.8 | -2.93% | $61.16 | $2.2 |
| 2022 | 28.64 | 12.67% | $59 | $2.06 |
| 2021 | 25.42 | 5.04% | $90.5 | $3.56 |
| 2020 | 24.2 | -21.94% | $59.28 | $2.45 |
| 2019 | 31 | -16.4% | $80.92 | $2.61 |
| 2018 | 37.08 | -4.63% | $66.01 | $1.78 |
| 2017 | 38.88 | 609.49% | $63.77 | $1.64 |
| 2016 | 5.48 | -84.08% | $64.36 | $11.75 |
| 2015 | 34.43 | -16.61% | $81.59 | $2.37 |
| 2014 | 41.29 | 310.85% | $71.84 | $1.74 |
| 2013 | 10.05 | -51.59% | $51.87 | $5.16 |
| 2012 | 20.76 | 8.46% | $56.67 | $2.73 |
| 2011 | 19.14 | -65% | $57.03 | $2.98 |
Equity Residential PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 23.47 | 9.83% | $59.15 | $2.52 |
| Dec 2025 | 21.37 | 1.04% | $63.04 | $2.95 |
| Sep 2025 | 21.15 | -16% | $64.73 | $3.06 |
| Jun 2025 | 25.18 | -7.12% | $67.49 | $2.68 |
| Mar 2025 | 27.11 | 3.12% | $71.58 | $2.64 |
| Dec 2024 | 26.29 | -13.49% | $71.76 | $2.73 |
| Sep 2024 | 30.39 | 10.43% | $74.46 | $2.45 |
| Jun 2024 | 27.52 | 5.52% | $69.34 | $2.52 |
| Mar 2024 | 26.08 | -6.19% | $63.11 | $2.42 |
| Dec 2023 | 27.8 | -14.78% | $61.16 | $2.2 |
| Sep 2023 | 32.62 | 9.28% | $58.71 | $1.8 |
| Jun 2023 | 29.85 | 20.9% | $65.97 | $2.21 |
| Mar 2023 | 24.69 | -13.79% | $60 | $2.43 |
| Dec 2022 | 28.64 | 29.95% | $59 | $2.06 |
| Sep 2022 | 22.04 | 1.94% | $67.22 | $3.05 |
EQR Price vs fair value
EQR 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.
EQR's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
PE comparison
Equity Residential's price to earnings (P/E) of 27.67 is higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 24.37, Equity Residential's price to earnings (P/E) is 14% higher.
EQR PE vs peers
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 | 17.15 | $6.1B |
| KRC Kilroy Realty Corp | 21.06 | $4.53B |
| EQR Equity Residential | 27.67 | $26.12B |
| KIM Kimco Realty Corp | 29.2 | $16.93B |
| PDM Piedmont Office Realty Trust Inc | N/A | $1.18B |
Frequently asked questions
What is Equity Residential's PE ratio?
EQR's price to earnings ratio is 27.67 as of Jul 13, 2026.
What is the 3-year average PE ratio for Equity Residential (EQR)?
As an average over the last 3 years, EQR stock has a PE ratio of 26.27.
What is the 5-year average PE ratio for Equity Residential (EQR)?
As an average over the last 5 years, EQR stock has a PE ratio of 26.05.
What is the highest PE ratio for EQR?
Over the last ten years, the quarterly PE ratio reached its highest level at 50.55 in the Mar 2019 quarter.
How does the current PE ratio for EQR compare to its historical average?
EQR's price to earnings ratio is currently 2.3% below its 10-year historical average.
How is EQR's PE ratio calculated (Equity Residential PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 13, 2026), Equity Residential's share price is $69.72. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.52. Therefore, Equity Residential's PE ratio for today is 27.67. PE RATIO(27.67) = STOCK PRICE($69.72) / TTM EPS($2.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.