GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Residential (NYSE:EQR) » Definitions » Forward PE Ratio

Equity Residential (Equity Residential) Forward PE Ratio : 43.22 (As of May. 01, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Equity Residential Forward PE Ratio?

Equity Residential's Forward PE Ratio for today is 43.22.

Equity Residential's PE Ratio without NRI for today is 67.48.

Equity Residential's PE Ratio for today is 26.57.


Equity Residential Forward PE Ratio Historical Data

The historical data trend for Equity Residential's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equity Residential Forward PE Ratio Chart

Equity Residential Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-04
Forward PE Ratio
52.63 37.04 40.98 51.28 57.14 59.17 83.33 34.13 38.46 44.05

Equity Residential Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 52.63 40.65 49.51 37.04 37.04 52.63 54.05 43.29 40.98 54.05 59.17 54.64 51.28 63.29 64.94 60.24 57.14 47.39 43.10 51.55 59.17 97.09 117.65 65.79 83.33 84.03 60.24 37.74 34.13 39.37 44.64 34.60 38.46 42.55

Competitive Comparison of Equity Residential's Forward PE Ratio

For the REIT - Residential subindustry, Equity Residential's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equity Residential's Forward PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equity Residential's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Equity Residential's Forward PE Ratio falls into.



Equity Residential Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Equity Residential  (NYSE:EQR) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Equity Residential Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Equity Residential's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Residential (Equity Residential) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 304 apartment communities with around 80,000 units and is developing two additional properties with 537 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Executives
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Raymond Bennett director TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Stephen E Sterrett director 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Bradley A Keywell director

Equity Residential (Equity Residential) Headlines

From GuruFocus

Q2 2021 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2022 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024

Equity Residential Annual Shareholders Meeting Transcript

By GuruFocus Research 01-22-2024

Q3 2021 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2020 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Equity Residential Earnings Call Transcript

By GuruFocus Research 01-22-2024