As of Jul 25, 2024, the Empire State Realty Trust stock's price-to-earnings ratio is 36.34. This results from the current EPS of $0.29 and stock price of $10.54. The P/E ratio has increased by 24% from the past four quarters average of 29.4.
The PE ratio of Empire State Realty Trust has averaged 49.38 over the last ten years. The current PE ratio of 36.34 is 26% below the historical average. In the past ten years, ESRT's PE ratio was at its highest in the Jun 2022 quarter at 140.6, when the stock price was $7.03 and the EPS was $0.05. The lowest value was in the Sep 2014 quarter, when it reached 14.58 with a price of $15.02 and an EPS of $1.03.
Maximum annual increase: 36.64% in 2019
Maximum annual decrease: -28.91% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 32.3 | 5.42% |
| 2022 | 30.64 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 49.86 | 36.64% |
| 2018 | 36.49 | -28.91% |
| 2017 | 51.33 | -3.39% |
| 2016 | 53.13 | -11.79% |
| 2015 | 60.23 | -7.5% |
| 2014 | 65.11 | N/A |
Currently, ESRT's PE ratio is lower than the 3, 5 and 10-year averages.
Compared to its peer EDR, ESRT's PE ratio stands lower, however it is higher than PVH's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PVH Pvh Corp | 9.2 | $5.77B |
| ESRT Empire State Realty Trust Inc | 37.07 | $1.77B |
| EDR Endeavor Group Holdings Inc | 38.94 | $8.25B |
| PEB Pebblebrook Hotel Trust | N/A | $1.65B |
The price to earnings ratio for ESRT stock as of Jul 25, 2024, stands at 36.34.
The average PE ratio for ESRT stock over the past 3 years is 45.38.
The average PE ratio for ESRT stock over the past 5 years is 45.17.
The highest quarterly PE ratio in the last ten years has been 140.6 and it was in the Jun 2022 quarter.
ESRT's price to earnings ratio is currently 26% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 25, 2024), Empire State Realty Trust's stock price is $10.54. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.29. Therefore, Empire State Realty Trust's P/E ratio for today is 36.34. PE RATIO(36.34) = STOCK PRICE($10.54) / TTM EPS($0.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.