Equity Lifestyle Properties Inc stock PB Ratio (=6.89) is close to 10-year low of 6.58.
The historical rank and industry rank for Equity Lifestyle Properties's PB Ratio or its related term are showing as below:
BSP:E2LS34'
s PB Ratio Range Over the Past 10 Years
Min: 6.58 Med: 8.52 Max: 13.05
Current: 6.89
During the past 13 years, Equity Lifestyle Properties's highest PB Ratio was 13.05. The lowest was 6.58. And the median was 8.52.
BSP:E2LS34's PB Ratio is ranked worse than 97.74% of 929
companies
in the REITs industry
Industry Median: 0.87
vs BSP:E2LS34: 6.89
During the past 12 months, Equity Lifestyle Properties's average Book Value Per Share Growth Rate was -0.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% 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 4.65% per year.
Back to Basics: PB Ratio
Equity Lifestyle Properties (BSP:E2LS34) 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
Equity Lifestyle Properties PB Ratio Historical Data
* 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.
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 PB Ratio vs 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.
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.
* 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 (BSP:E2LS34) has a PB Ratio of 0.68 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Equity Lifestyle Properties and its competitors. This is 92% below median its historical median of 8.52. Over the past decade, Equity Lifestyle Properties' PB Ratio has ranged from 6.58 to 13.05. According to the industry distribution chart, Equity Lifestyle Properties ranks #908 out of 929 companies in the REITs industry, placing it in the top 97.7%.
Is Equity Lifestyle Properties' PB Ratio too high?
Equity Lifestyle Properties' current PB Ratio of 0.68 is 92% below median its 10-year median of 8.52. Over the past 10 years, this metric has ranged from a low of 6.58 to a high of 13.05. The REITs industry median PB Ratio is 0.87. Equity Lifestyle Properties' value of 0.68 is 21.8% below this industry median. Based on the distribution chart, Equity Lifestyle Properties ranks #908 out of 929 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Equity Lifestyle Properties has a GF Score™ of 17/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equity Lifestyle Properties' PB Ratio compare to UDR and AMH?
According to the REITs industry distribution chart, Equity Lifestyle Properties ranks #908 out of 929 companies for PB Ratio. This places Equity Lifestyle Properties in the lower half of its industry. The industry median PB Ratio is 0.87. Equity Lifestyle Properties' value of 0.68 is 21.8% below this benchmark. Historically, Equity Lifestyle Properties' own PB Ratio has ranged from 6.58 to 13.05 over the past decade. While the company's 10-year median is 8.52 vs. the industry median of 0.87, Equity Lifestyle Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 929 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equity Lifestyle Properties's current PB Ratio of 0.68 is 21.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Equity Lifestyle Properties and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equity Lifestyle Properties's current PB Ratio is 0.68, which is 92% below median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equity Lifestyle Properties stock overvalued right now?
Based on GuruFocus' analysis, Equity Lifestyle Properties (BSP:E2LS34) is currently considered Fairly Valued. The stock's GF Value™ is R$34.36, compared to a current price of R$32.24 — trading 6.2% below its estimated fair value. The current PB Ratio is 0.68, which is 92% below median its 10-year median of 8.52 and 21.8% below the REITs industry median of 0.87. Equity Lifestyle Properties' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Equity Lifestyle Properties (BSP:E2LS34), the current PB Ratio is 0.68 as of Jun. 25, 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 Equity Lifestyle Properties (BSP:E2LS34) Overvalued in 2026?
Based on GuruFocus' analysis, Equity Lifestyle Properties stock appears to be undervalued.
The current stock price of R$32.24 is trading 6.2% below its estimated GF Value™ of R$34.36.
GuruFocus considers Equity Lifestyle Properties to be Fairly Valued.
Key valuation signals for BSP:E2LS34:
PB Ratio: 0.68 (92% below median its 10-year median of 8.52)
GF Value™: R$34.36 vs. price of R$32.24 (6.2% below fair value)
Industry Position: 21.8% below the REITs median (#908 of 929)
No single metric tells the full story. See the BSP:E2LS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 455 properties across the US with a higher concentration in the Sunbelt; 38% of the company's properties are in Florida, 12% in Arizona, and 8% in California. Equity Lifestyle targets owning properties in attractive retirement destinations. More than 70% of the company's properties are either age-restricted or have an average resident age over 55.
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