Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 23.83.
Forward PE Ratio (23.83) = Close Price ($48.06) / Consensus Forward EPS ($2.02)
FORWARD PE RATIO
23.83
SECTOR MEDIAN · REAL ESTATE
34.00
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-29.92%
vs the sector median at left
Alexandria Real Estate Equities, Inc.
Market Cap
$8.38B
Forward PE Ratio
23.83
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Alexandria Real Estate Equities, Inc. (ARE) | $8.38B | 23.83 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.40B | 25.10 |
| NNN REIT, Inc. (NNN)vs › | $8.72B | 22.29 |
| Agree Realty Corporation (ADC)vs › | $8.93B | 37.83 |
| CubeSmart (CUBE)vs › | $9.33B | 27.68 |
| Terreno Realty Corporation (TRNO)vs › | $7.30B | 35.07 |
| Federal Realty Investment Trust (FRT)vs › | $10.13B | 29.14 |
| BXP, Inc. (BXP)vs › | $10.84B | 32.94 |
| Camden Property Trust (CPT)vs › | $10.89B | 96.47 |
| UDR, Inc. (UDR)vs › | $11.96B | 41.58 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
23.8
consensus next-FY EPS
At today's $48.06 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|
| 2026-12-31 | $2.02 | $2.01 – $2.03 | 4 | 23.8x |
| 2027-12-31 | $-0.44 | $-0.48 – $-0.40 | 4 | n/m |
| 2028-12-31 | $-0.23 | $-0.40 – $-0.10 | 3 | n/m |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.