Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 46.09 as of Sunday, August 9, 2026.
Forward PE Ratio (46.09) = Close Price ($67.07) / Consensus Forward EPS ($1.46)
FORWARD PE RATIO
46.09
SECTOR MEDIAN · REAL ESTATE
34.67
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+32.92%
vs the sector median at left
Equity Residential
Market Cap
$25.15B
Forward PE Ratio
46.09
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Equity Residential (EQR) | $25.15B | 46.09 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.78B | 31.07 |
| VICI Properties Inc. (VICI)vs › | $29.44B | 9.15 |
| SBA Communications Corporation (SBAC)vs › | $19.52B | 24.13 |
| Extra Space Storage Inc. (EXR)vs › | $31.59B | 32.44 |
| Essex Property Trust, Inc. (ESS)vs › | $18.51B | 48.73 |
| Weyerhaeuser Company (WY)vs › | $18.44B | 76.96 |
| Invitation Homes Inc. (INVH)vs › | $18.04B | 37.32 |
| Crown Castle Inc. (CCI)vs › | $33.03B | 38.24 |
| Kimco Realty Corporation (KIM)vs › | $16.50B | 29.50 |
Trailing P/E
29.4
reported TTM EPS
Forward P/E
46.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.46 implies -36.0% EPS decline vs the reported trailing $2.28.
At today's $67.07 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.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.46 | $1.43 – $1.48 | 5 | 46.1x |
| 2027-12-31 | $1.58 | $1.56 – $1.61 | 8 | 42.6x |
| 2028-12-31 | $1.87 | $1.69 – $1.95 | 4 | 36.0x |
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
