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Equity Commonwealth PE Ratio

: At Loss (As of Today)
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The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2022-05-28), Equity Commonwealth's share price is $27.37. Equity Commonwealth's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.11. Therefore, Equity Commonwealth's PE Ratio for today is At Loss.


The historical rank and industry rank for Equity Commonwealth's PE Ratio or its related term are showing as below:

EQC' s PE Ratio Range Over the Past 10 Years
Min: 5.29   Med: 20.49   Max: 411.43
Current: At Loss


During the past 13 years, the highest PE Ratio of Equity Commonwealth was 411.43. The lowest was 5.29. And the median was 20.49.


EQC's PE Ratio is ranked worse than
100% of 643 companies
in the REITs industry
Industry Median: 14.16 vs EQC: At Loss

Equity Commonwealth's Earnings per Share (Diluted) for the three months ended in Mar. 2022 was $-0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.11.

As of today (2022-05-28), Equity Commonwealth's share price is $27.37. Equity Commonwealth's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.11. Therefore, Equity Commonwealth's PE Ratio without NRI for today is At Loss.

During the past 13 years, Equity Commonwealth's highest PE Ratio without NRI was 411.43. The lowest was 5.29. And the median was 21.70.

Equity Commonwealth's EPS without NRI for the three months ended in Mar. 2022 was $-0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.11.

During the past 12 months, Equity Commonwealth's average EPS without NRI Growth Rate was -257.10% per year.

During the past 13 years, Equity Commonwealth's highest 3-Year average EPS without NRI Growth Rate was 193.70% per year. The lowest was -56.80% per year. And the median was 1.85% per year.

Equity Commonwealth's EPS (Basic) for the three months ended in Mar. 2022 was $-0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.11.


Equity Commonwealth PE Ratio Historical Data

The historical data trend for Equity Commonwealth's PE 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.

* Premium members only.

Equity Commonwealth Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 179.47 13.96 8.42 7.66 At Loss

Equity Commonwealth Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
PE Ratio 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 397.14 At Loss At Loss At Loss At Loss

Competitive Comparison

For the REIT - Office subindustry, Equity Commonwealth's PE Ratio, along with its competitors' market caps and PE 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 Commonwealth PE Ratio Distribution

For the REITs industry and Real Estate sector, Equity Commonwealth's PE Ratio distribution charts can be found below:

* The bar in red indicates where Equity Commonwealth's PE Ratio falls into.



Equity Commonwealth PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Equity Commonwealth's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=27.37/-0.110
=At Loss

Equity Commonwealth's Share Price of today is $27.37.
Equity Commonwealth's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11.

* 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:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Equity Commonwealth  (NYSE:EQC) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

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

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio.


Equity Commonwealth PE Ratio Related Terms

Thank you for viewing the detailed overview of Equity Commonwealth's PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Equity Commonwealth Business Description

Equity Commonwealth logo
Industry
Real Estate » REITs NAICS : 531190 SIC : 6798
Address
Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606
Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.
Executives
Chube Ellen-blair director 150 N. RIVERSIDE PLAZA CHICAGO IL 60606
Linneman Peter director 1696 N E MIAMI GARDENS DR N MIAMI BEACH FL 33179
Lozier James Lloyd Jr director 4616 DORSET RD DALLAS TX 75229
Glickman Edward A director C/O PENN. REAL ESTATE INVESTMENT TRUST 200 S. BROAD ST., THE BELLEVUE PHILADEPHIA PA 19102
Robertson Mary Jane director 755 LEE STREET PO BOX 272 ALEXANDER CITY AL 35011-0272
Corl James Scott director C/O COHEN & STEERS, INC 280 PARK AVENUE NEW YORK NY 10017
Star James A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: STAR JAMES A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Shea Kenneth director 2277 PLAZA DRIVE SUITE 500 SUGAR LAND TX 77479
Spector Gerald A director C/O EQUITY RESIDENTIAL TWO NORTH RIVERSIDE PLAZA, SUITE 400 CHICAGO IL 60606
Edelman Martin L director C/O PAUL HASTINGS JANOFSKY & WALKER LLP 75 EAST 55TH STREET NEW YORK NY 10022
Brown Jeffrey Douglas officer: SVP & Chief Accounting Officer 3726 AVALON TRAIL LEBANON OH 45036
Markman Adam Scott officer: EVP, CFO & Treasurer TWO NORTH RIVERSIDE PLAZA SUITE 600 CHICAGO IL 60606
Helfand David director, officer: President & CEO C/O MANUFACTURED HOME COMMUNITIES INC 2 N RIVERSIDE PLAZA #800 CHICAGO IL 60606
Zell Samuel director, other: Chairman of the Board TWO N RIVERSIDE PLAZA SUITE 600 CHICAGO IL 60606
Shifrin Orrin S officer: EVP, Gen. Counsel & Secretary CWH MANAGEMENT LLC 2 N RIVERSIDE PLAZA, SUITE 600 CHICAGO IL 60606

Equity Commonwealth Headlines

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