Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 32.93 as of 2026-09-28T12:00:14.672Z.
Consensus retrieved: 2026-09-13T22:15:03.521Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-28T12:00:14.672Z.
Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 0e26d3f68c6c0edd1e0d53042890b7dd694cd8b2f0b3b19f4d173d4dcaeeb96a
Forward PE Ratio (32.93) = Dated Quote Price ($49.93) / Consensus Forward EPS ($1.52)
FORWARD PE RATIO
32.93
SECTOR MEDIAN · REAL ESTATE
31.22
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+5.48%
vs the sector median at left
Alexandria Real Estate Equities, Inc.
Market Cap
$8.70B
Forward PE Ratio
32.93
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Alexandria Real Estate Equities, Inc. (ARE) | $8.70B | 32.93 |
| CubeSmart (CUBE)vs › | $8.56B | 24.54 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.11B | 24.44 |
| Agree Realty Corporation (ADC)vs › | $8.10B | 35.53 |
| NNN REIT, Inc. (NNN)vs › | $7.86B | 20.10 |
| Federal Realty Investment Trust (FRT)vs › | $9.55B | 25.94 |
| Camden Property Trust (CPT)vs › | $9.86B | 91.20 |
| BXP, Inc. (BXP)vs › | $10.11B | 29.86 |
| Terreno Realty Corporation (TRNO)vs › | $7.02B | 31.31 |
| UDR, Inc. (UDR)vs › | $10.87B | 31.13 |
Trailing P/E
N/A
reported TTM EPS
Forward P/E
32.9
consensus EPS · fiscal year ending 2026-12-31
At the dated quote price of $49.93, 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.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.52 | $1.50 – $1.52 | 6 | 32.9x |
| 2027-12-31 | $-0.92 | $-1.06 – $-0.88 | 4 | n/m |
| 2028-12-31 | $-0.93 | $-1.08 – $-0.71 | 4 | 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.
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
