ESRT
Empire State Realty Trust Inc - Class A
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: ESRT
- PE Ratio
As of Aug 21, 2026, the Empire State Realty Trust Inc - Class A stock's price-to-earnings ratio is 160.67. This results from the current EPS of $0.03 and stock price of $4.82. The P/E ratio has increased by 144% from the past four quarters average of 66.0.
ESRT PE ratio history
The PE ratio of Empire State Realty Trust Inc - Class A has averaged 47.4 over the last ten years. The current PE ratio of 160.67 is 239% above the historical average. In the past ten years, ESRT's PE ratio was at its highest in the Jun 2026 quarter at 180.33, when the stock price was $5.41 and the EPS was $0.03. The lowest value was in the Mar 2023 quarter, when it reached 19.67 with a price of $6.49 and an EPS of $0.33.
Empire State Realty Trust Inc - Class A PE ratio by year
Maximum annual increase: 36.64% in 2019
Maximum annual decrease: -29.53% in 2025
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 25.08 | -29.53% | $6.52 | $0.26 |
| 2024 | 35.59 | 10.19% | $10.32 | $0.29 |
| 2023 | 32.3 | 5.42% | $9.69 | $0.3 |
| 2022 | 30.64 | N/A | $6.74 | $0.22 |
| 2021 | N/A | N/A | $8.9 | -$0.06 |
| 2020 | N/A | N/A | $9.32 | -$0.1 |
| 2019 | 49.86 | 36.64% | $13.96 | $0.28 |
| 2018 | 36.49 | -28.91% | $14.23 | $0.39 |
| 2017 | 51.33 | -3.39% | $20.53 | $0.4 |
| 2016 | 53.13 | -11.79% | $20.19 | $0.38 |
| 2015 | 60.23 | -7.5% | $18.07 | $0.3 |
| 2014 | 65.11 | N/A | $17.58 | $0.27 |
Empire State Realty Trust Inc - Class A PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 180.33 | 662.82% | $5.41 | $0.03 |
| Mar 2026 | 23.64 | -5.74% | $5.2 | $0.22 |
| Dec 2025 | 25.08 | -27.97% | $6.52 | $0.26 |
| Sep 2025 | 34.82 | 7.6% | $7.66 | $0.22 |
| Jun 2025 | 32.36 | 28.26% | $8.09 | $0.25 |
| Mar 2025 | 25.23 | -29.11% | $7.82 | $0.31 |
| Dec 2024 | 35.59 | -16.49% | $10.32 | $0.29 |
| Sep 2024 | 42.62 | 13.59% | $11.08 | $0.26 |
| Jun 2024 | 37.52 | 7.41% | $9.38 | $0.25 |
| Mar 2024 | 34.93 | 8.14% | $10.13 | $0.29 |
| Dec 2023 | 32.3 | 32.59% | $9.69 | $0.3 |
| Sep 2023 | 24.36 | -5.69% | $8.04 | $0.33 |
| Jun 2023 | 25.83 | 31.32% | $7.49 | $0.29 |
| Mar 2023 | 19.67 | -35.8% | $6.49 | $0.33 |
| Dec 2022 | 30.64 | -43.95% | $6.74 | $0.22 |
ESRT Price vs fair value
ESRT 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.
Currently, ESRT's PE ratio is greater than its 3, 5 and 10-year historical averages.
PE comparison
Empire State Realty Trust Inc - Class A's P/E of 160.67 is above the Real Estate sector and the industry average.
ESRT PE vs peers
Frequently asked questions
What is Empire State Realty Trust Inc - Class A's PE ratio?
The price to earnings ratio for ESRT stock as of Aug 21, 2026, stands at 160.67.
What is the 3-year average PE ratio for Empire State Realty Trust Inc - Class A (ESRT)?
The average PE ratio for ESRT stock over the past 3 years is 44.07.
What is the 5-year average PE ratio for Empire State Realty Trust Inc - Class A (ESRT)?
The average PE ratio for ESRT stock over the past 5 years is 47.07.
What is the highest PE ratio for ESRT?
The highest quarterly PE ratio in the last ten years has been 180.33 and it was in the Jun 2026 quarter.
How does the current PE ratio for ESRT compare to its historical average?
ESRT's price to earnings ratio is currently 239% above its 10-year historical average.
Why is Empire State Realty Trust Inc - Class A's PE ratio so high?
ESRT's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
How is ESRT's PE ratio calculated (Empire State Realty Trust Inc - Class A PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Aug 21, 2026), Empire State Realty Trust Inc - Class A's stock price is $4.82. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $0.03. Therefore, Empire State Realty Trust Inc - Class A's P/E ratio for today is 160.67. PE RATIO(160.67) = STOCK PRICE($4.82) / TTM EPS($0.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.