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Empire State Realty TrustESRT -1.08%63 3-Year Book Growth Rate is 1.60% as of Jun. 2026, which is at its 10-year median of 1.60. GuruFocus rates ESRT with a GF Score™ of 63/100 and a GF Value™ of $8.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 828 REITs companies, Empire State Realty Trust ranks better than 69.81% on this metric.
During the past 12 months, Empire State Realty Trust's average Book Value per Share Growth Rate was 68.90% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 1.60% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 0.60% 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 average Book Value per Share growth rate.
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 1.60% per year.
Empire State Realty Trust (NYSE:ESRT) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Empire State Realty Trust 3-Year Book Growth Rate Related Terms
ESRT vs JBGS, SAFE, CTO: 3-Year Book Growth Rate Comparison
For the REIT - Diversified subindustry, Empire State Realty Trust's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Empire State Realty Trust 3-Year Book Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty Trust's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Empire State Realty Trust's 3-Year Book Growth Rate falls into.
Empire State Realty Trust 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
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 average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 1.60% mean?
Empire State Realty Trust (ESRT) has a 3-Year Book Growth Rate of 1.60% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Empire State Realty Trust and its competitors. This is near median its historical median of 1.60. According to the industry distribution chart, Empire State Realty Trust ranks #250 out of 828 companies in the REITs industry, placing it in the top 30.2%.
Is Empire State Realty Trust's 3-Year Book Growth Rate too high?
Empire State Realty Trust's current 3-Year Book Growth Rate of 1.60% is near median its 10-year median of 1.60. Based on the distribution chart, Empire State Realty Trust ranks #250 out of 828 companies in the REITs industry, which is above the industry midpoint. Overall, Empire State Realty Trust has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's 3-Year Book Growth Rate compare to JBGS and SAFE?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #250 out of 828 companies for 3-Year Book Growth Rate. This puts Empire State Realty Trust in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a REITs company?
A good 3-Year Book Growth Rate depends on the REITs industry context. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Empire State Realty Trust and its competitors. Empire State Realty Trust's current 3-Year Book Growth Rate is 1.60%, which is near median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire State Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty Trust (ESRT) is currently considered Possible Value Trap. The stock's GF Value™ is $8.61, compared to a current price of $4.59 — trading 46.7% below its estimated fair value. The current 3-Year Book Growth Rate is 1.60%, which is near median its 10-year median of 1.60. Empire State Realty Trust's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current 3-Year Book Growth Rate is 1.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Empire State Realty Trust (ESRT) Overvalued in 2026?
Based on GuruFocus' analysis, Empire State Realty Trust stock appears to be undervalued.
The current stock price of $4.59 is trading 46.7% below its estimated GF Value™ of $8.61.
GuruFocus considers Empire State Realty Trust to be Possible Value Trap.
Key valuation signals for ESRT:
3-Year Book Growth Rate: 1.60% (near median its 10-year median of 1.60)
GF Value™: $8.61 vs. price of $4.59 (46.7% below fair value)
No single metric tells the full story. See the ESRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire State Realty Trust Inc is a real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties located in New York City, prominently in Manhattan. Its portfolio includes office and retail space as well as residential units. The company's objective is to maximize cash flow and total returns to its shareholders and to increase the value of the properties. Its reportable segments consist of a real estate segment and an Observatory segment. The majority of revenue is derived from the Real Estate segment, which includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets.
63GF Score
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