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Empire State Realty OP LPOGCP 59 3-Year Book Growth Rate is 2.50% as of Jun. 2026, which is 127% above its 10-year median of 1.10. GuruFocus rates OGCP with a GF Score™ of 59/100 and a GF Value™ of $9.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 829 REITs companies, Empire State Realty OP LP ranks better than 75.15% on this metric.
During the past 12 months, Empire State Realty OP LP's average Book Value per Share Growth Rate was -1.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 2.50% 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 OP LP was 17.50% per year. The lowest was -3.30% per year. And the median was 1.10% per year.
Empire State Realty OP LP (ARCA:OGCP) 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 OP LP 3-Year Book Growth Rate Related Terms
OGCP vs PDM, DEA, PSTL: 3-Year Book Growth Rate Comparison
For the REIT - Office subindustry, Empire State Realty OP LP'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 OP LP 3-Year Book Growth Rate vs REITs Industry
For the REITs industry and Real Estate sector, Empire State Realty OP LP's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Empire State Realty OP LP's 3-Year Book Growth Rate falls into.
Empire State Realty OP LP 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 2.50% mean?
Empire State Realty OP LP (OGCP) has a 3-Year Book Growth Rate of 2.50% 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 OP LP and its competitors. This is 127% above median its historical median of 1.10. According to the industry distribution chart, Empire State Realty OP LP ranks #206 out of 829 companies in the REITs industry, placing it in the top 24.8%.
Is Empire State Realty OP LP's 3-Year Book Growth Rate too high?
Empire State Realty OP LP's current 3-Year Book Growth Rate of 2.50% is 127% above median its 10-year median of 1.10. Based on the distribution chart, Empire State Realty OP LP ranks #206 out of 829 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Empire State Realty OP LP has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty OP LP's 3-Year Book Growth Rate compare to PDM and DEA?
According to the REITs industry distribution chart, Empire State Realty OP LP ranks #206 out of 829 companies for 3-Year Book Growth Rate. This places Empire State Realty OP LP in the top 25% of its industry — outperforming the majority of peers. 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 OP LP and its competitors. Empire State Realty OP LP's current 3-Year Book Growth Rate is 2.50%, which is 127% above median its own 10-year median of 1.10. 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 OP LP stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty OP LP (OGCP) is currently considered Possible Value Trap. The stock's GF Value™ is $9.19, compared to a current price of $4.70 — trading 48.9% below its estimated fair value. The current 3-Year Book Growth Rate is 2.50%, which is 127% above median its 10-year median of 1.10. Empire State Realty OP LP's overall GF Score™ is 59/100 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 OP LP (OGCP), the current 3-Year Book Growth Rate is 2.50% 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 OP LP (OGCP) Overvalued in 2026?
Based on GuruFocus' analysis, Empire State Realty OP LP stock appears to be undervalued.
The current stock price of $4.70 is trading 48.9% below its estimated GF Value™ of $9.19.
GuruFocus considers Empire State Realty OP LP to be Possible Value Trap.
Key valuation signals for OGCP:
3-Year Book Growth Rate: 2.50% (127% above median its 10-year median of 1.10)
GF Value™: $9.19 vs. price of $4.70 (48.9% below fair value)
No single metric tells the full story. See the OGCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empire State Realty OP LP is an NYC-focused real estate investment trust (REIT) that owns and operates a portfolio of well-leased, top-of-tier, modernized, amenitized, and well-located office, retail, and multifamily assets, conducts all of its business, and owns substantially all of its assets. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning, and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.
59GF Score
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