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Empire State Realty Trust's book value per share for the quarter that ended in Dec. 2023 was $6.04.
During the past 12 months, Empire State Realty Trust's average Book Value Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Empire State Realty Trust was 578.40% per year. The lowest was -6.10% per year. And the median was -0.60% per year.
Empire State Realty Trust's current price is $9.21. Its book value per share for the quarter that ended in Dec. 2023 was $6.04. Hence, today's PB Ratio of Empire State Realty Trust is 1.52.
During the past 13 years, the highest P/B Ratio of Empire State Realty Trust was 5.19. The lowest was 0.87. And the median was 2.21.
Good Sign:
Empire State Realty Trust Inc stock PB Ratio (=0.88) is close to 10-year low of 0.87
The historical data trend for Empire State Realty Trust's Book Value per Share 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.
Empire State Realty Trust Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Book Value per Share | Get a 7-Day Free Trial | 6.75 | 6.15 | 5.87 | 5.92 | 6.04 |
Empire State Realty Trust Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Book Value per Share | Get a 7-Day Free Trial | 5.88 | 6.01 | 6.08 | 6.04 | 10.51 |
For the REIT - Diversified subindustry, Empire State Realty Trust's PB Ratio, along with its competitors' market caps and PB 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.
For the REITs industry and Real Estate sector, Empire State Realty Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's PB Ratio falls into.
Empire State Realty Trust's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (985.5 | - | 0.0) | / | 163.0 | |
= | 6.04 |
Empire State Realty Trust's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:
Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
= | (985.5 | - | 0.0) | / | 163.0 | |
= | 6.04 |
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Empire State Realty Trust (NYSE:ESRT) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Thank you for viewing the detailed overview of Empire State Realty Trust's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Hannah Y Yang | director | C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120 |
Tassell Christina Van | director | C/O 111 RIVER STREET, HOBOKEN NJ 07030 |
Stephen Horn | officer: Chief Accounting Officer | 255 WEST 94TH STREET, NEW YORK NY 10025 |
Grant Hill | director | 121 ORANGE AVE, SUITE 1500, ORLANDO FL 32801 |
Robert Paige Hood | director | C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120 |
Christina Chiu | officer: EVP and CFO | C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120 |
Patricia Han | director | 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034 |
David A Karp | director, officer: EVP and CFO | C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, NEW YORK NY 10120 |
Quark Holding Llc | 10 percent owner | P.O. BOX 23224 OOREDOO TOWER, DIPLOMATIC AREA STREET, WEST BAY, DOHA S3 S3 |
Thomas J Derosa | director | C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615 |
Salvatore Michael Giliberto | director | C/O EMPIRE STATE REALTY TRUST, INC., 111 WEST 33RD STREET, 12TH FLOOR, NEW YORK NY 10120 |
Steven J Gilbert | director | 540 MADISON AVE, 40TH FL, NEW YORK NY 10022 |
Robinson James D Iv | director | 130 EAST 59TH STREET, NEW YORK NY 10022 |
William H Berkman | director | 650 MADISON AVE, 25TH FL, NEW YORK NY 10022 |
Leslie D. Biddle | director | 111 WEST 33RD STREET 12TH FLOOR, NEW YORK NY 10120 |
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