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 44.91 as of 2026-09-13T22:46:38.493Z.
Consensus retrieved: 2026-09-13T22:46:28.693Z. 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: 2026-09-13T22:46:38.493Z.
Quote observation: 2026-09-04T00:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ee69f96adaa6220a189dd294eb1f4d440f804a3a051302d7be0f8cea2c9c5317
Forward PE Ratio (44.91) = Dated Quote Price ($65.35) / Consensus Forward EPS ($1.46)
FORWARD PE RATIO
44.91
SECTOR MEDIAN · REAL ESTATE
31.08
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+44.50%
vs the sector median at left
Equity Residential
Market Cap
$23.87B
Forward PE Ratio
44.91
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Equity Residential (EQR) | $23.87B | 44.91 |
| VICI Properties Inc. (VICI)vs › | $26.11B | 8.52 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.28B | 11.29 |
| Extra Space Storage Inc. (EXR)vs › | $28.28B | 28.98 |
| SBA Communications Corporation (SBAC)vs › | $18.09B | 22.15 |
| Essex Property Trust, Inc. (ESS)vs › | $17.57B | 48.39 |
| Crown Castle Inc. (CCI)vs › | $30.69B | 36.41 |
| Invitation Homes Inc. (INVH)vs › | $16.00B | 26.77 |
| Weyerhaeuser Company (WY)vs › | $15.26B | 64.43 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.17B | 16.07 |
Trailing P/E
28.7
reported TTM EPS
Forward P/E
44.9
consensus EPS · fiscal year ending 2026-12-31
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 the dated quote price of $65.35, 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 | 44.9x |
| 2027-12-31 | $1.58 | $1.56 – $1.61 | 8 | 41.5x |
| 2028-12-31 | $1.87 | $1.69 – $1.95 | 4 | 35.0x |
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
