ESRT (Empire State Realty Trust) PEG Ratio: 4.04 (As of Jun. 27, 2026) — 33% Below Median


ESRT Empire State Realty Trust Inc ESRT
66 GF Score
Price $5.37
GF Value $8.80
Valuation Possible Value Trap
! 7 Warning Signs
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What is Empire State Realty Trust PEG Ratio?

Empire State Realty Trust ESRT +4.47% 66 PEG Ratio is 4.04 as of Jun. 27, 2026, which is 33% below its 10-year median of 6.03. GuruFocus rates ESRT with a GF Score™ of 66/100 and a GF Value™ of $8.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 279 REITs companies, Empire State Realty Trust ranks worse than 53.76% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Empire State Realty Trust's PE Ratio without NRI is 39.20. Empire State Realty Trust's 5-Year EBITDA growth rate is 9.70%. Therefore, Empire State Realty Trust's PEG Ratio for today is 4.04.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Empire State Realty Trust's PEG Ratio or its related term are showing as below:

ESRT' s PEG Ratio Range Over the Past 10 Years
Min: 3.52   Med: 6.03   Max: 118.03
Current: 4.04


During the past 13 years, Empire State Realty Trust's highest PEG Ratio was 118.03. The lowest was 3.52. And the median was 6.03.


ESRT's PEG Ratio is ranked worse than
53.76% of 279 companies
in the REITs industry
Industry Median: 3.29 vs ESRT: 4.04

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Empire State Realty Trust  (NYSE:ESRT) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Empire State Realty Trust PEG Ratio Related Terms


Empire State Realty Trust PEG Ratio Historical Data

* Premium members only.

The historical data trend for Empire State Realty Trust's PEG 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.

Empire State Realty Trust PEG Ratio Chart

Empire State Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 10.47 4.65 3.93

Empire State Realty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial 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 4.04 4.52 4.61 3.93 4.63

ESRT vs SAFE, JBGS, CTO: PEG Ratio Comparison

For the REIT - Diversified subindustry, Empire State Realty Trust's PEG Ratio, along with its competitors' market caps and PEG 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.


Empire State Realty Trust PEG Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty Trust's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Empire State Realty Trust's PEG Ratio falls into.


ESRT
66GF Score
Empire State Realty Trust Inc ESRT
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire State Realty Trust PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Empire State Realty Trust's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=39.197080291971/9.70
=4.04

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 4.04 mean?
Empire State Realty Trust (ESRT) has a PEG Ratio of 4.04 as of Jun. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Empire State Realty Trust and its competitors. This is 33% below median its historical median of 6.03. Over the past decade, Empire State Realty Trust's PEG Ratio has ranged from 3.52 to 118.03. According to the industry distribution chart, Empire State Realty Trust ranks #150 out of 279 companies in the REITs industry, placing it in the top 53.8%.
Is Empire State Realty Trust's PEG Ratio too high?
Empire State Realty Trust's current PEG Ratio of 4.04 is 33% below median its 10-year median of 6.03. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 118.03. The REITs industry median PEG Ratio is 3.29. Empire State Realty Trust's value of 4.04 is 22.8% above this industry median. Based on the distribution chart, Empire State Realty Trust ranks #150 out of 279 companies in the REITs industry, which is below the industry midpoint. Overall, Empire State Realty Trust has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Empire State Realty Trust's PEG Ratio compare to SAFE and JBGS?
According to the REITs industry distribution chart, Empire State Realty Trust ranks #150 out of 279 companies for PEG Ratio. This places Empire State Realty Trust in the lower half of its industry. The industry median PEG Ratio is 3.29. Empire State Realty Trust's value of 4.04 is 22.8% above this benchmark. Historically, Empire State Realty Trust's own PEG Ratio has ranged from 3.52 to 118.03 over the past decade. While the company's 10-year median is 6.03 vs. the industry median of 3.29, Empire State Realty Trust has consistently been above 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 PEG Ratio for a REITs company?
The median PEG Ratio among REITs companies is 3.29, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Empire State Realty Trust's current PEG Ratio of 4.04 is 22.8% above 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Empire State Realty Trust and its competitors. For the REITs industry, the median PEG Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire State Realty Trust's current PEG Ratio is 4.04, which is 33% below median its own 10-year median of 6.03. 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 Trust stock overvalued right now?
Based on GuruFocus' analysis, Empire State Realty Trust (ESRT) is currently considered Possible Value Trap. The stock's GF Value™ is $8.80, compared to a current price of $5.37 — trading 39% below its estimated fair value. The current PEG Ratio is 4.04, which is 33% below median its 10-year median of 6.03 and 22.8% above the REITs industry median of 3.29. Empire State Realty Trust's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Empire State Realty Trust (ESRT), the current PEG Ratio is 4.04 as of Jun. 27, 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 Trust (ESRT) Overvalued in 2026?

Based on GuruFocus' analysis, Empire State Realty Trust stock appears to be undervalued. The current stock price of $5.37 is trading 39% below its estimated GF Value™ of $8.80. GuruFocus considers Empire State Realty Trust to be Possible Value Trap.

Key valuation signals for ESRT:

  • PEG Ratio: 4.04 (33% below median its 10-year median of 6.03)
  • GF Value™: $8.80 vs. price of $5.37 (39% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 22.8% above the REITs median (#150 of 279)

No single metric tells the full story. See the ESRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Empire State Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges ES9:Germany
Address 111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty Trust Inc is a real estate investment trust (REIT) that owns and operates office, retail, and multifamily properties located in New York City, prominently in Manhattan. Its portfolio includes office and retail space as well as residential units. The company's objective is to maximize cash flow and total returns to its shareholders and to increase the value of the properties. Its reportable segments consist of a real estate segment and an Observatory segment. The majority of revenue is derived from the Real Estate segment, which includes all activities related to the ownership, management, operation, acquisition, redevelopment, repositioning and disposition of its traditional real estate assets.
66GF Score

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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.37
Price
$8.80
GF Value