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EQR Equity Residential PE ratio, current and historical analysis

As of Jun 20, 2024, the Equity Residential stock's PE ratio is 28.04. This takes into account the latest EPS of $2.42 and stock price of $67.85. The PE ratio marks a decrease of 3.6% from its last 4 quarters average of 29.1.

EQR PE ratio history

How has EQR's PE ratio performed in the past

The PE ratio of Equity Residential has averaged 29.13 over the last ten years. The current P/E ratio of 28.04 is 3.7% 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.

Average
29.13
Median
29.62
Minimum
5.48
Maximum
50.55

Equity Residential PE ratio by year

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 average PE ratio chart

What is the average PE ratio of EQR for the past years

EQR's current PE ratio is higher than the 3-year average, but it is lower than its 5 and 10-year averages.

3-year avg
27.74
5-year avg
28.27
10-year avg
29.13
15-year avg
29.5

EQR PE vs peers

What is EQR's PE ratio compared to its 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 13.81 $6.11B
KRC Kilroy Realty Corp 18.15 $3.71B
EQR Equity Residential 28.23 $25.89B
KIM Kimco Realty Corp 35.81 $12.79B
PDM Piedmont Office Realty Trust Inc N/A $892.02M

Frequently asked questions

What is Equity Residential's PE ratio?

EQR's price to earnings ratio is 28.04 as of Jun 20, 2024.

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 27.74.

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 28.27.

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 3.7% 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 (Jun 20, 2024), Equity Residential's share price is $67.85. 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 28.04. PE RATIO(28.04) = STOCK PRICE($67.85) / TTM EPS($2.42)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.