Essex Property Trust (BSP:E1SS34) 3-Year Book Growth Rate

: -2.90% (As of Dec. 2023)

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Essex Property Trust's Book Value per Share for the quarter that ended in Dec. 2023 was R$41.39.

During the past 12 months, Essex Property Trust's average Book Value per Share Growth Rate was -4.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value per Share Growth Rate was -2.20% per year. During the past 10 years, the average Book Value per Share Growth Rate was 2.20% 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 Essex Property Trust was 32.40% per year. The lowest was -4.00% per year. And the median was 4.70% per year.

Competitive Comparison

For the REIT - Residential subindustry, Essex Property 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.

Essex Property Trust 3-Year Book Growth Rate Distribution

For the REITs industry and Real Estate sector, Essex Property Trust's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's 3-Year Book Growth Rate falls into.

Essex Property 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.

Essex Property Trust (BSP:E1SS34) 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.

Essex Property Trust 3-Year Book Growth Rate Related Terms

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Essex Property Trust (BSP:E1SS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essex Property Trust Inc (BSP:E1SS34) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

ESS:USA EXP:Germany

Address

1100 Park Place, Suite 200, San Mateo, CA, USA, 94403

Website

http://www.essex.com

Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

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