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 48.29 as of 2026-09-12T00:15:30.304Z.
Consensus retrieved: 2026-09-11T01:28:47.698Z. 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: 2026-09-12T00:15:30.304Z.
Quote observation: 2026-09-11T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 47e14b1949c4206ff09722edf28103f27f3934ef7647b9e6a025f280d5fb4eed
Forward PE Ratio (48.29) = Dated Quote Price ($272.91) / Consensus Forward EPS ($5.65)
FORWARD PE RATIO
48.29
SECTOR MEDIAN · REAL ESTATE
31.61
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
+52.74%
vs the sector median at left
Essex Property Trust, Inc.
Market Cap
$17.54B
Forward PE Ratio
48.29
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Essex Property Trust, Inc. (ESS) | $17.54B | 48.29 |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 27.38 |
| Weyerhaeuser Company (WY)vs › | $15.91B | 67.14 |
| Kimco Realty Corporation (KIM)vs › | $15.64B | 27.69 |
| SBA Communications Corporation (SBAC)vs › | $19.67B | 24.09 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.23B | 16.16 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $14.52B | 33.85 |
| Sun Communities, Inc. (SUI)vs › | $14.11B | N/A |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 45.29 |
| Regency Centers Corporation (REG)vs › | $13.63B | 29.79 |
Trailing P/E
42.4
reported TTM EPS
Forward P/E
48.3
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $5.65 implies -12.1% EPS decline vs the reported trailing $6.43.
At the dated quote price of $272.91, 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 | $5.65 | $5.63 – $5.68 | 5 | 48.3x |
| 2027-12-31 | $6.26 | $6.17 – $6.33 | 8 | 43.6x |
| 2028-12-31 | $6.82 | $6.44 – $7.09 | 4 | 40.0x |
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
