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Essex Property Trust, Inc. (ESS)
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Essex Property Trust, Inc. (ESS) PB Ratio: 3.37

Is Essex Property Trust, Inc.’s P/B ratio high or low?

Essex Property Trust, Inc.'s P/B ratio of 3.37 is in line with its 5-year average of 3.07, around the middle of its 5-year range (2.22–3.92).

11.13% above its 12-month average of 3.03.

ESS PB Ratio Chart

ESS PB Ratio
3.37+0.60% 1Y
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ESS Average PB Ratio Chart

ESS Current vs Average PB Ratio Chart

ESS PB Ratio Metrics

PB RATIO

3.37

PB RATIO AVG TTM

3.03

PB RATIO AVG 3Y

3.05

PB RATIO AVG 5Y

3.07

PB RATIO AVG 10Y

2.89

PB RATIO AVG 15Y

2.92

PB RATIO AVG 20Y

3.03

CURRENT VS TTM AVG

+11.13%

CURRENT VS 3Y AVG

+10.60%

CURRENT VS 5Y AVG

+9.69%

CURRENT VS 10Y AVG

+16.70%

CURRENT VS 15Y AVG

+15.47%

CURRENT VS 20Y AVG

+11.19%

ESS Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Essex Property Trust, Inc. (ESS)$18.23B3.373.033.053.07
Kimco Realty Corporation (KIM)$17.47B1.681.411.351.37
SBA Communications Corporation (SBAC)$21.72BN/A46.63106.0768.36
Federal Realty Investment Trust (FRT)$10.87B3.292.732.792.99
AvalonBay Communities, Inc. (AVB)$26.53B2.252.222.342.46
Agree Realty Corporation (ADC)$9.11B1.461.401.311.34
NNN REIT, Inc. (NNN)$8.86B2.011.831.821.87
Terreno Realty Corporation (TRNO)$7.15B1.651.551.681.97
VICI Properties Inc. (VICI)$30.71B1.081.171.231.32
Opendoor Technologies Inc. (OPEN)$3.40B4.465.112.842.59

P/B vs. its own history

At 3.37, P/B is richer than usual, sitting higher than 75% of its 20-year history.

20-year low

1.49

median

3.00

20-year high

5.66

cheaperricher

Book Value Analysis

P/B Ratio

3.37

Market Price / Book Value per Share

Essex Property Trust, Inc. PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Essex Property Trust, Inc. PB Ratio FAQ

What is the P/B ratio for Essex Property Trust, Inc. (ESS)?
The P/B ratio for ESS stock is 3.37.
Is Essex Property Trust, Inc.'s P/B ratio high or low?
Essex Property Trust, Inc.'s P/B ratio of 3.37 is in line with its 5-year average of 3.07, around the middle of its 5-year range (2.22–3.92).
What is the TTM average P/B ratio for Essex Property Trust, Inc. (ESS)?
The TTM average P/B ratio for ESS stock is 3.03.
What is the 3Y average P/B ratio for Essex Property Trust, Inc. (ESS)?
The 3Y average P/B ratio for ESS stock is 3.05.
What is the 5Y average P/B ratio for Essex Property Trust, Inc. (ESS)?
The 5Y average P/B ratio for ESS stock is 3.07.
What is the 10Y average P/B ratio for Essex Property Trust, Inc. (ESS)?
The 10Y average P/B ratio for ESS stock is 2.89.
What is the 15Y average P/B ratio for Essex Property Trust, Inc. (ESS)?
The 15Y average P/B ratio for ESS stock is 2.92.
What is the 20Y average P/B ratio for Essex Property Trust, Inc. (ESS)?
The 20Y average P/B ratio for ESS stock is 3.03.

Essex Property Trust, Inc. PB Ratio History

DATEPB RATIO
2026-06-123.37
2026-06-113.33
2026-06-103.38
2026-06-093.38
2026-06-083.34
2026-06-053.38
2026-06-043.38
2026-06-033.29
2026-06-023.29
2026-06-013.28
2026-05-293.23
2026-05-283.28
2026-05-273.28
2026-05-263.29
2026-05-223.28
2026-05-213.25
2026-05-203.26
2026-05-193.23
2026-05-183.23
2026-05-153.17
2026-05-143.18
2026-05-133.22
2026-05-123.19
2026-05-113.19
2026-05-083.13
2026-05-073.17
2026-05-063.17
2026-05-053.16
2026-05-043.14
2026-05-013.12
2026-04-303.12
2026-04-293.14
2026-04-283.12
2026-04-272.99
2026-04-242.97
2026-04-232.97
2026-04-222.93
2026-04-212.94
2026-04-203.01
2026-04-172.97
2026-04-162.88
2026-04-152.93
2026-04-142.92
2026-04-132.90
2026-04-102.91
2026-04-092.91
2026-04-082.93
2026-04-072.89
2026-04-062.88
2026-04-022.88
2026-04-012.83
2026-03-312.81
2026-03-302.82
2026-03-272.79
2026-03-262.83
2026-03-252.82
2026-03-242.83
2026-03-232.82
2026-03-202.79
2026-03-192.86
2026-03-182.87
2026-03-172.92
2026-03-162.90
2026-03-132.91
2026-03-122.92
2026-03-112.91
2026-03-102.96
2026-03-092.97
2026-03-062.97
2026-03-053.00
2026-03-042.98
2026-03-032.97
2026-03-022.98
2026-02-272.97
2026-02-263.06
2026-02-253.02
2026-02-243.01
2026-02-232.97
2026-02-202.96
2026-02-192.91
2026-02-182.93
2026-02-172.90
2026-02-132.87
2026-02-122.88
2026-02-112.99
2026-02-103.00
2026-02-092.95
2026-02-062.95
2026-02-052.88
2026-02-042.89
2026-02-032.83
2026-02-022.84
2026-01-302.88
2026-01-292.86
2026-01-282.81
2026-01-272.88
2026-01-262.89
2026-01-232.91
2026-01-222.89
2026-01-212.94
2026-01-202.93
2026-01-162.95
2026-01-152.90
2026-01-142.90
2026-01-132.86
2026-01-122.86
2026-01-092.87
2026-01-082.94
2026-01-072.87
2026-01-062.94
2026-01-052.89
2026-01-022.94
2025-12-312.99
2025-12-303.02
2025-12-293.01
2025-12-263.00
2025-12-242.99
2025-12-232.97
2025-12-222.98
2025-12-192.94
2025-12-182.99
2025-12-173.00
2025-12-162.92
2025-12-152.97
2025-12-122.95
2025-12-112.95
2025-12-102.92
2025-12-092.88
2025-12-082.89
2025-12-052.92
2025-12-042.95
2025-12-032.97
2025-12-022.98
2025-12-012.98
2025-11-283.02
2025-11-263.00
2025-11-252.99
2025-11-242.98
2025-11-212.99
2025-11-202.93
2025-11-192.91
2025-11-182.90
2025-11-172.89
2025-11-142.91
2025-11-132.90
2025-11-122.92
2025-11-112.99
2025-11-102.98
2025-11-072.98
2025-11-062.93
2025-11-052.98
2025-11-042.93
2025-11-032.91
2025-10-312.88
2025-10-302.86
2025-10-292.82
2025-10-282.93
2025-10-273.00
2025-10-243.02
2025-10-233.01
2025-10-223.02
2025-10-212.99
2025-10-202.98
2025-10-172.97
2025-10-162.94
2025-10-152.94
2025-10-142.96
2025-10-132.94
2025-10-102.92
2025-10-092.96
2025-10-082.99
2025-10-072.99
2025-10-062.99
2025-10-033.02
2025-10-023.01
2025-10-013.05
2025-09-303.06
2025-09-293.04
2025-09-263.06
2025-09-253.01
2025-09-243.02
2025-09-233.06
2025-09-223.04
2025-09-193.06
2025-09-183.07
2025-09-173.04
2025-09-163.03
2025-09-153.02
2025-09-123.05
2025-09-113.07
2025-09-103.01
2025-09-093.07
2025-09-083.04
2025-09-053.06
2025-09-043.02
2025-09-032.99
2025-09-022.98
2025-08-293.09
2025-08-283.06
2025-08-273.06
2025-08-263.03
2025-08-253.03
2025-08-223.05
2025-08-213.00
2025-08-202.99
2025-08-193.00
2025-08-182.93
2025-08-152.96
2025-08-142.93
2025-08-132.96
2025-08-122.90
2025-08-112.88
2025-08-082.91
2025-08-072.94
2025-08-062.91
2025-08-052.94
2025-08-042.91
2025-08-012.93
2025-07-312.97
2025-07-303.07
2025-07-293.36
2025-07-283.27
2025-07-253.31
2025-07-243.32
2025-07-233.38
2025-07-223.37
2025-07-213.29
2025-07-183.32
2025-07-173.31
2025-07-163.30
2025-07-153.24
2025-07-143.29
2025-07-113.31
2025-07-103.31
2025-07-093.29
2025-07-083.30
2025-07-073.27
2025-07-033.28
2025-07-023.27
2025-07-013.29
2025-06-303.27
2025-06-273.30
2025-06-263.32
2025-06-253.26
2025-06-243.30
2025-06-233.30
2025-06-203.28
2025-06-183.28
2025-06-173.27
2025-06-163.29
2025-06-133.28
2025-06-123.35
2025-06-113.30
2025-06-103.32
2025-06-093.28
2025-06-063.22
2025-06-053.21
2025-06-043.26
2025-06-033.24
2025-06-023.29

Showing the most recent 260 of 5,033 data points. The chart above shows the full history.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.

San Mateo, CA
1,712 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Angela L. Kleiman