P/E ratio for Equity LifeStyle Properties (ELS)
P/E ratio as of April 2024 (TTM): 38.3
According to Equity LifeStyle Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.3101. At the end of 2022 the company had a P/E ratio of 42.2.
P/E ratio history for Equity LifeStyle Properties from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 42.2 | -31.12% |
| 2021 | 61.3 | 21.4% |
| 2020 | 50.5 | 10.48% |
| 2019 | 45.7 | 12% |
| 2018 | 40.8 | 0.4% |
| 2017 | 40.6 | 8.81% |
| 2016 | 37.4 | -13.15% |
| 2015 | 43.0 | 19.32% |
| 2014 | 36.0 | 28.36% |
| 2013 | 28.1 | -44.49% |
| 2012 | 50.6 | -45.38% |
| 2011 | 92.6 | 110.32% |
| 2010 | 44.0 | 7.33% |
| 2009 | 41.0 | -18.71% |
| 2008 | 50.5 | 48.09% |
| 2007 | 34.1 | -56.17% |
| 2006 | 77.8 | -117.47% |
| 2005 | -445 | -324.06% |
| 2004 | 199 | 501.37% |
| 2003 | 33.0 | 64.96% |
| 2002 | 20.0 | -7.63% |
| 2001 | 21.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Universal Health Realty Income Trust UHT | 27.5 | -28.20% | 🇺🇸 USA |
 MFA Financial MFA | -30.7 | -180.02% | 🇺🇸 USA |
 Brandywine Realty Trust
BDN | -63.9 | -266.68% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.