ESS Essex Property Trust PE ratio, current and historical analysis
As of Nov 21, 2024, the ESS stock has a PE ratio of 35.55. The calculation is based on the latest EPS of $8.56 and the stock price of $304.34 per share. An increase of 3.5% has been observed in the PE ratio compared to its average of 34.3 of the last four quarters.
ESS PE ratio history
The mean historical PE ratio of Essex Property Trust over the last ten years is 44.5. The current 35.55 P/E ratio is 20% lower than the historical average. Looking back at the last ten years, ESS's PE ratio peaked in the Dec 2014 quarter at 99.81, with a price of $206.6 and an EPS of $2.07. The Sep 2020 quarter marked the lowest point at 21.97, with a price of $200.79 and an EPS of $9.14.
Essex Property Trust PE ratio by year
Maximum annual increase: 181.71% in 2014
Maximum annual decrease: -45.88% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 39.23 | 16.07% |
| 2022 | 33.8 | -27.93% |
| 2021 | 46.9 | 71.67% |
| 2020 | 27.32 | -39.44% |
| 2019 | 45.11 | 8.72% |
| 2018 | 41.49 | 13.11% |
| 2017 | 36.68 | -0.92% |
| 2016 | 37.02 | -45.88% |
| 2015 | 68.4 | -31.47% |
| 2014 | 99.81 | 181.71% |
ESS average PE ratio chart
Currently, ESS's PE ratio is lower than its 3, 5 and 10-year averages.
ESS PE vs peers
ESS's PE ratio stands lower than its peer stock GEO, but it is higher than AGNC's and LTC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGNC AGNC Investment Corp | 6.47 | $8.59B |
| LTC Ltc Properties Inc | 16.54 | $1.75B |
| ESS Essex Property Trust Inc | 35.55 | $19.56B |
| GEO Geo Group Inc | 110.5 | $4.02B |
| CMCT CIM Commercial Trust Corp | N/A | $21.41M |
Frequently asked questions
What is Essex Property Trust's PE ratio?
The price to earnings ratio for ESS stock as of Nov 21, 2024, stands at 35.55.
What is the 3-year average PE ratio for Essex Property Trust (ESS)?
The 3-year average price to earnings ratio for ESS stock is 37.15.
What is the 5-year average PE ratio for Essex Property Trust (ESS)?
The 5-year average price to earnings ratio for ESS stock is 36.2.
What is the highest PE ratio for ESS?
The highest quarterly PE ratio in the last ten years has been 99.81 and it was in the Dec 2014 quarter.
How does the current PE ratio for ESS compare to its historical average?
ESS's current price to earnings ratio is 20% below its 10-year historical average.
How is ESS's PE ratio calculated (Essex Property Trust PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Essex Property Trust's share price is $304.34. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.56. Therefore, Essex Property Trust's PE ratio for today is 35.55. PE RATIO(35.55) = STOCK PRICE($304.34) / TTM EPS($8.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.