The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Equity Lifestyle Properties's share price is $61.32. Equity Lifestyle Properties's Book Value per Share for the quarter that ended in Dec. 2023 was $7.66. Hence, Equity Lifestyle Properties's PB Ratio of today is 8.00.
Good Sign:
Equity Lifestyle Properties Inc stock PB Ratio (=8.06) is close to 3-year low of 7.51
The historical rank and industry rank for Equity Lifestyle Properties's PB Ratio or its related term are showing as below:
ELS'
s PB Ratio Range Over the Past 10 Years
Min: 3.74 Med: 8.22 Max: 13.05
Current: 8.01
During the past 13 years, Equity Lifestyle Properties's highest PB Ratio was 13.05. The lowest was 3.74. And the median was 8.22.
ELS's PB Ratio is ranked worse than 98.71% of 853
companies
in the REITs industry
Industry Median: 0.84
vs ELS: 8.01
During the past 12 months, Equity Lifestyle Properties's average Book Value Per Share Growth Rate was -1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Equity Lifestyle Properties was 77.80% per year. The lowest was -44.30% per year. And the median was 4.20% per year.
Back to Basics: PB Ratio
Equity Lifestyle Properties PB Ratio Historical Data
The historical data trend for Equity Lifestyle Properties's PB Ratio 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.
Competitive Comparison of Equity Lifestyle Properties's PB Ratio
For the REIT - Residential subindustry, Equity Lifestyle Properties'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.
Equity Lifestyle Properties's PB Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Equity Lifestyle Properties's PB Ratio distribution charts can be found below:
* The bar in red indicates where Equity Lifestyle Properties's PB Ratio falls into.
Equity Lifestyle Properties PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Equity Lifestyle Properties's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Equity Lifestyle Properties (NYSE:ELS) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Equity Lifestyle Properties PB Ratio Related Terms
Thank you for viewing the detailed overview of Equity Lifestyle Properties's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
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