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Essex Property Trust Price-to-Owner-Earnings

: 21.47 (As of Today)
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As of today (2022-08-09), Essex Property Trust's share price is $280.83. Essex Property Trust's Owner Earnings per Share (TTM) ended in Jun. 2022 was $13.08. It's Price-to-Owner-Earnings for today is 21.47.


The historical rank and industry rank for Essex Property Trust's Price-to-Owner-Earnings or its related term are showing as below:

ESS' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 11.72   Med: 22.25   Max: 420.88
Current: 21.47

During the past 13 years, the highest Price-to-Owner-Earnings of Essex Property Trust was 420.88. The lowest was 11.72. And the median was 22.25.


ESS's Price-to-Owner-Earnings is ranked worse than
71.63% of 356 companies
in the REITs industry
Industry Median: 12.39 vs ESS: 21.47

As of today (2022-08-09), Essex Property Trust's share price is $280.83. Essex Property Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $5.91. Therefore, Essex Property Trust's PE Ratio for today is 47.52.

As of today (2022-08-09), Essex Property Trust's share price is $280.83. Essex Property Trust's EPS without NRI for the trailing twelve months (TTM) ended in was $5.91. Therefore, Essex Property Trust's PE Ratio without NRI for today is 47.52.

During the past 13 years, Essex Property Trust's highest PE Ratio without NRI was 182.92. The lowest was 19.84. And the median was 48.31.


Essex Property Trust Price-to-Owner-Earnings Historical Data

The historical data trend for Essex Property Trust's Price-to-Owner-Earnings 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.

Essex Property Trust Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Price-to-Owner-Earnings
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.47 20.27 22.47 15.50 24.18

Essex Property Trust Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Price-to-Owner-Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.67 23.30 24.18 23.79 19.99

Competitive Comparison

For the REIT - Residential subindustry, Essex Property Trust's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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 Price-to-Owner-Earnings Distribution

For the REITs industry and Real Estate sector, Essex Property Trust's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Price-to-Owner-Earnings falls into.



Essex Property Trust Price-to-Owner-Earnings Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Essex Property Trust's Price-to-Owner-Earnings for today is calculated as

Price-to-Owner-Earnings=Share Price/Owner Earnings per Share (TTM)
=280.83/13.08
=21.47

* 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.


Essex Property Trust  (NYSE:ESS) Price-to-Owner-Earnings Explanation

For how to get Owner Earnings per Share (TTM), please click.


Essex Property Trust Price-to-Owner-Earnings Related Terms

Thank you for viewing the detailed overview of Essex Property Trust's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.


Essex Property Trust Business Description

Essex Property Trust logo
Address
1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 253 apartment communities with over 62,000 units and is developing three additional properties with 571 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.
Executives
Pak Barbara officer: Executive Vice President & CFO C/O ESSEX PROPERTY TRUST, INC. 1100 PARK PLACE, SUITE 200 SAN MATEO CA 94403
Hawthorne Maria R director 701 WESTERN AVENUE GLENDALE CA 91201
Berry Adam W officer: Co-Chief Investment Officer C/O ESSEX PROPERTY TRUST, INC. 1100 PARK PLACE, SUITE 200 SAN MATEO CA 94403
Kasaris Mary director C/O ESSEX PROPERTY TRUST, INC. 1100 PARK PLACE, SUITE 200 SAN MATEO CA 94403
Johnson Amal M director C/O MELLANOX TECHNOLOGIES, INC. 350 OAKMEAD PARKWAY, SUITE 100 SUNNYVALE CA 94085
Farias John officer: Group Vice President and CAO C/O ESSEX PROPERTY TRUST, INC 1100 PARK PLACE, SUITE 200 SAN MATEO CA 94403
Kleiman Angela L. officer: Executive Vice President & CFO 1100 PARK PLACE SUITE 200 SAN MATEO CA 94403
Robinson Thomas E director 309 GARRISON FOREST ROAD OWNINGS MILLS MD 21117
Lyons Irving F Iii director C/O ESSEX PROPERTY TRUST, INC. 925 E. MEADOW DRIVE PALO ALTO CA 94303
Sullivan Thomas P. director 525 MARKET STREET, 4TH FLOOR SAN FRANCISCO CA 94133
Scordelis Byron A director
Zinngrabe Claude J. Jr. director 925 EAST MEADOW DRIVE PALO ALTO CA 94303
Sears Janice L. director 1100 PARK PLACE SUITE 200 SAN MATEO CA 94403
Alexander Erik J. officer: Senior Vice President 925 EAST MEADOW DRIVE PALO ALTO CA 94303
Burkart John F. officer: Executive Vice President C/O ESSEX PROPERTY TRUST INC. 1100 PARK PLACE, SUITE 200 SAN MATEO CA 94403

Essex Property Trust Headlines

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