As of Apr 26, 2024, the Empire State Realty Trust stock's price-to-earnings ratio is 30.7. This results from the current EPS of $0.3 and stock price of $9.21. The P/E ratio has increased by 20% from the past four quarters average of 25.5.
The PE ratio of Empire State Realty Trust has averaged 48.84 over the last ten years. The current PE ratio of 30.7 is 37% 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 stocks EDR and PVH, ESRT's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PVH Pvh Corp | 10.31 | $6.47B |
| EDR Endeavor Group Holdings Inc | 22.22 | $7.94B |
| ESRT Empire State Realty Trust Inc | 30.92 | $1.52B |
| PEB Pebblebrook Hotel Trust | N/A | $1.8B |
The price to earnings ratio for ESRT stock as of Apr 26, 2024, stands at 30.7.
The average PE ratio for ESRT stock over the past 3 years is 46.87.
The average PE ratio for ESRT stock over the past 5 years is 46.12.
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 37% 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 (Apr 26, 2024), Empire State Realty Trust's stock price is $9.21. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.3. Therefore, Empire State Realty Trust's P/E ratio for today is 30.7. PE RATIO(30.7) = STOCK PRICE($9.21) / TTM EPS($0.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.