Equity Residential
EQR
#802
Rank
$23.31 B
Marketcap
$61.54
Share price
0.90%
Change (1 day)
0.18%
Change (1 year)
Equity Residential is an American company that owns and manages real estate, especially apartment complexes.

P/E ratio for Equity Residential (EQR)

P/E ratio as of April 2024 (TTM): 33.9

According to Equity Residential 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.8833. At the end of 2022 the company had a P/E ratio of 28.6.

P/E ratio history for Equity Residential from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.612.03%
202125.65.66%
202024.2-21.96%
201931.0-16.4%
201837.1-5.21%
201739.1615.47%
20165.47-84.05%
201534.3-16.97%
201441.3319.48%
20139.84-52.93%
201220.99.27%
201119.1-65.37%
201055.3107.29%
200926.730.54%
200820.495.45%
200710.4-26.7%
200614.32.76%
200513.9-42.87%
200424.328.36%
200318.9-7.65%
200220.5-3.44%
200121.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.0-26.26%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7-47.88%๐Ÿ‡บ๐Ÿ‡ธ USA
-9.79-128.88%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-68.10%๐Ÿ‡บ๐Ÿ‡ธ 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.