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FISK (Empire State Realty OP LP) PS Ratio : 3.91 (As of Dec. 14, 2024)


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What is Empire State Realty OP LP PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Empire State Realty OP LP's share price is $11.11. Empire State Realty OP LP's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $2.84. Hence, Empire State Realty OP LP's PS Ratio for today is 3.91.

Warning Sign:

Empire State Realty OP LP stock PS Ratio (=3.91) is close to 2-year high of 4.05

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

FISK' s PS Ratio Range Over the Past 10 Years
Min: 1.93   Med: 5.64   Max: 8.94
Current: 3.69

During the past 13 years, Empire State Realty OP LP's highest PS Ratio was 8.94. The lowest was 1.93. And the median was 5.64.

FISK's PS Ratio is ranked better than
76.56% of 896 companies
in the REITs industry
Industry Median: 6.46 vs FISK: 3.69

Empire State Realty OP LP's Revenue per Sharefor the three months ended in Sep. 2024 was $0.74. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $2.84.

During the past 12 months, the average Revenue per Share Growth Rate of Empire State Realty OP LP was 3.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.70% per year. During the past 10 years, the average Revenue per Share Growth Rate was 3.40% per year.

During the past 13 years, Empire State Realty OP LP's highest 3-Year average Revenue per Share Growth Rate was 32.20% per year. The lowest was -3.40% per year. And the median was 1.65% per year.

Back to Basics: PS Ratio


Empire State Realty OP LP PS Ratio Historical Data

The historical data trend for Empire State Realty OP LP's PS 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.

Empire State Realty OP LP PS Ratio Chart

Empire State Realty OP LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 4.26 3.94 2.42 3.38

Empire State Realty OP LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PS 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 2.92 3.38 3.51 3.23 3.72

Competitive Comparison of Empire State Realty OP LP's PS Ratio

For the REIT - Office subindustry, Empire State Realty OP LP's PS Ratio, along with its competitors' market caps and PS 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 OP LP's PS Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Empire State Realty OP LP's PS Ratio falls into.



Empire State Realty OP LP PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Empire State Realty OP LP's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=11.11/2.844
=3.91

Empire State Realty OP LP's Share Price of today is $11.11.
Empire State Realty OP LP's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.84.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Empire State Realty OP LP  (ARCA:FISK) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS 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

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Empire State Realty OP LP PS Ratio Related Terms

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Empire State Realty OP LP Business Description

Traded in Other Exchanges
Address
111 West 33rd Street, 12th Floor, New York, NY, USA, 10120
Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.