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Essex Property Trust, Inc. (ESS)
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Essex Property Trust, Inc. (ESS) PE Ratio: 31.88

Is Essex Property Trust, Inc.’s P/E ratio high or low?

Essex Property Trust, Inc.'s P/E ratio of 31.88 is in line with its 5-year average of 34.86, around the middle of its 5-year range (18.64–57.14).

As of Saturday, June 13, 2026. 37.57% above its 12-month average of 23.17.

PE Ratio (31.88) = Close Price ($283.75) / Diluted TTM EPS ($8.90)

ESS PE Ratio Chart

ESS PE Ratio
31.88+15.09% 1Y
Zoom

ESS Average PE Ratio Chart

ESS Current vs Average PE Ratio Chart

ESS PE Ratio Metrics

PE RATIO

31.88

PE RATIO AVG TTM

23.17

PE RATIO AVG 3Y

28.66

PE RATIO AVG 5Y

34.86

PE RATIO AVG 10Y

37.43

PE RATIO AVG 15Y

50.65

PE RATIO AVG 20Y

50.99

CURRENT VS TTM AVG

+37.57%

CURRENT VS 3Y AVG

+11.25%

CURRENT VS 5Y AVG

-8.54%

CURRENT VS 10Y AVG

-14.83%

CURRENT VS 15Y AVG

-37.06%

CURRENT VS 20Y AVG

-37.47%

ESS Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
Essex Property Trust, Inc. (ESS)$18.23B31.8823.1728.6634.86
Kimco Realty Corporation (KIM)$17.47B29.4426.4039.1275.83
SBA Communications Corporation (SBAC)$21.72B21.5324.2737.1468.60
Federal Realty Investment Trust (FRT)$10.87B21.6624.0327.9231.74
AvalonBay Communities, Inc. (AVB)$26.53B23.2623.0626.6727.42
Agree Realty Corporation (ADC)$9.11B40.7742.3639.1539.14
NNN REIT, Inc. (NNN)$8.86B22.6220.4119.9023.47
Terreno Realty Corporation (TRNO)$7.15B16.4920.6728.6436.94
VICI Properties Inc. (VICI)$30.71B9.7711.4512.4316.08
Opendoor Technologies Inc. (OPEN)$3.40BN/AN/AN/AN/A

P/E vs. its own history

At 31.9, P/E is cheaper than usual, sitting higher than 26% of its 20-year history.

20-year low

14.4

median

44.0

20-year high

149.4

cheaperricher

P/E Comparison

Trailing P/E

31.9

Forward P/E

46.9

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$283.75

÷

Forward EPS (Est.)

$6.06

=

Forward P/E

46.85

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

Essex Property Trust, Inc. PE Ratio Formula & Definition

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

Essex Property Trust, Inc. PE Ratio FAQ

What is the P/E ratio for Essex Property Trust, Inc. (ESS)?
The P/E ratio for ESS stock is 31.88.
Is Essex Property Trust, Inc.'s P/E ratio high or low?
Essex Property Trust, Inc.'s P/E ratio of 31.88 is in line with its 5-year average of 34.86, around the middle of its 5-year range (18.64–57.14).
What is the TTM average P/E ratio for Essex Property Trust, Inc. (ESS)?
The TTM average P/E ratio for ESS stock is 23.17.
What is the 3Y average P/E ratio for Essex Property Trust, Inc. (ESS)?
The 3Y average P/E ratio for ESS stock is 28.66.
What is the 5Y average P/E ratio for Essex Property Trust, Inc. (ESS)?
The 5Y average P/E ratio for ESS stock is 34.86.
What is the 10Y average P/E ratio for Essex Property Trust, Inc. (ESS)?
The 10Y average P/E ratio for ESS stock is 37.43.
What is the 15Y average P/E ratio for Essex Property Trust, Inc. (ESS)?
The 15Y average P/E ratio for ESS stock is 50.65.
What is the 20Y average P/E ratio for Essex Property Trust, Inc. (ESS)?
The 20Y average P/E ratio for ESS stock is 50.99.

Essex Property Trust, Inc. PE Ratio History

DATEPE RATIO
2026-06-1231.88
2026-06-1131.53
2026-06-1031.98
2026-06-0932.00
2026-06-0831.69
2026-06-0532.07
2026-06-0431.98
2026-06-0331.21
2026-06-0231.19
2026-06-0131.12
2026-05-2930.63
2026-05-2831.06
2026-05-2731.10
2026-05-2631.15
2026-05-2231.09
2026-05-2130.76
2026-05-2030.90
2026-05-1930.63
2026-05-1830.59
2026-05-1530.01
2026-05-1430.17
2026-05-1330.56
2026-05-1230.18
2026-05-1130.20
2026-05-0829.61
2026-05-0730.04
2026-05-0630.03
2026-05-0529.97
2026-05-0429.74
2026-05-0129.59
2026-04-3029.57
2026-04-2929.77
2026-04-2825.73
2026-04-2724.67
2026-04-2424.53
2026-04-2324.50
2026-04-2224.23
2026-04-2124.32
2026-04-2024.84
2026-04-1724.49
2026-04-1623.82
2026-04-1524.18
2026-04-1424.15
2026-04-1323.91
2026-04-1024.02
2026-04-0924.02
2026-04-0824.20
2026-04-0723.85
2026-04-0623.80
2026-04-0223.76
2026-04-0123.35
2026-03-3123.25
2026-03-3023.31
2026-03-2723.02
2026-03-2623.41
2026-03-2523.26
2026-03-2423.39
2026-03-2323.30
2026-03-2023.07
2026-03-1923.66
2026-03-1823.70
2026-03-1724.12
2026-03-1623.93
2026-03-1324.01
2026-03-1224.15
2026-03-1124.04
2026-03-1024.43
2026-03-0924.53
2026-03-0624.51
2026-03-0524.81
2026-03-0424.60
2026-03-0324.54
2026-03-0224.59
2026-02-2724.51
2026-02-2625.24
2026-02-2524.97
2026-02-2424.82
2026-02-2324.53
2026-02-2024.45
2026-02-1919.32
2026-02-1819.45
2026-02-1719.24
2026-02-1319.07
2026-02-1219.09
2026-02-1119.85
2026-02-1019.93
2026-02-0919.57
2026-02-0619.59
2026-02-0519.10
2026-02-0419.18
2026-02-0318.80
2026-02-0218.87
2026-01-3019.12
2026-01-2918.97
2026-01-2818.64
2026-01-2719.11
2026-01-2619.21
2026-01-2319.29
2026-01-2219.21
2026-01-2119.53
2026-01-2019.46
2026-01-1619.61
2026-01-1519.25
2026-01-1419.22
2026-01-1318.98
2026-01-1218.99
2026-01-0919.06
2026-01-0819.51
2026-01-0719.06
2026-01-0619.48
2026-01-0519.21
2026-01-0219.51
2025-12-3119.87
2025-12-3020.04
2025-12-2919.97
2025-12-2619.91
2025-12-2419.83
2025-12-2319.72
2025-12-2219.81
2025-12-1919.54
2025-12-1819.82
2025-12-1719.93
2025-12-1619.40
2025-12-1519.69
2025-12-1219.56
2025-12-1119.60
2025-12-1019.38
2025-12-0919.15
2025-12-0819.15
2025-12-0519.39
2025-12-0419.56
2025-12-0319.73
2025-12-0219.80
2025-12-0119.76
2025-11-2820.02
2025-11-2619.90
2025-11-2519.83
2025-11-2419.76
2025-11-2119.83
2025-11-2019.42
2025-11-1919.33
2025-11-1819.25
2025-11-1719.16
2025-11-1419.33
2025-11-1319.26
2025-11-1219.36
2025-11-1119.87
2025-11-1019.75
2025-11-0719.77
2025-11-0619.46
2025-11-0519.77
2025-11-0419.48
2025-11-0319.31
2025-10-3119.12
2025-10-3018.97
2025-10-2919.85
2025-10-2820.57
2025-10-2721.07
2025-10-2421.26
2025-10-2321.19
2025-10-2221.22
2025-10-2121.04
2025-10-2020.95
2025-10-1720.85
2025-10-1620.69
2025-10-1520.65
2025-10-1420.83
2025-10-1320.69
2025-10-1020.55
2025-10-0920.81
2025-10-0821.05
2025-10-0721.05
2025-10-0620.99
2025-10-0321.24
2025-10-0221.20
2025-10-0121.41
2025-09-3021.50
2025-09-2921.38
2025-09-2621.51
2025-09-2521.18
2025-09-2421.25
2025-09-2321.51
2025-09-2221.40
2025-09-1921.49
2025-09-1821.58
2025-09-1721.38
2025-09-1621.33
2025-09-1521.26
2025-09-1221.45
2025-09-1121.59
2025-09-1021.18
2025-09-0921.60
2025-09-0821.34
2025-09-0521.54
2025-09-0421.24
2025-09-0321.00
2025-09-0220.93
2025-08-2921.70
2025-08-2821.52
2025-08-2721.50
2025-08-2621.27
2025-08-2521.32
2025-08-2221.43
2025-08-2121.11
2025-08-2021.05
2025-08-1921.07
2025-08-1820.60
2025-08-1520.83
2025-08-1420.58
2025-08-1320.78
2025-08-1220.40
2025-08-1120.25
2025-08-0820.45
2025-08-0720.64
2025-08-0620.44
2025-08-0520.67
2025-08-0420.45
2025-08-0120.62
2025-07-3120.90
2025-07-3021.56
2025-07-2927.79
2025-07-2827.07
2025-07-2527.44
2025-07-2427.48
2025-07-2327.97
2025-07-2227.92
2025-07-2127.25
2025-07-1827.47
2025-07-1727.44
2025-07-1627.35
2025-07-1526.81
2025-07-1427.20
2025-07-1127.40
2025-07-1027.41
2025-07-0927.23
2025-07-0827.34
2025-07-0727.11
2025-07-0327.17
2025-07-0227.09
2025-07-0127.22
2025-06-3027.09
2025-06-2727.29
2025-06-2627.51
2025-06-2526.95
2025-06-2427.35
2025-06-2327.32
2025-06-2027.18
2025-06-1827.15
2025-06-1727.11
2025-06-1627.26
2025-06-1327.20
2025-06-1227.70
2025-06-1127.36
2025-06-1027.52
2025-06-0927.12
2025-06-0626.68
2025-06-0526.59
2025-06-0427.03
2025-06-0326.85
2025-06-0227.21

Showing the most recent 260 of 5,033 data points. The chart above shows the full history.

About Essex Property Trust, Inc.

Essex Property Trust, Inc., a prominent S&P 500 constituent, operates as a vertically integrated real estate investment trust (REIT). The company focuses on the purchase, construction, renovation, and ongoing management of residential apartment complexes across select West Coast regions. Currently, Essex maintains ownership interests in 246 apartment communities, offering a total of roughly 60,000 homes, with an additional six properties actively advancing through various stages of development.

San Mateo, CA
1,712 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Angela L. Kleiman