Essex Property Trust (MEX:ESS) Shiller PE Ratio: 26.71 (As of Jul. 21, 2026) — 47% Below Median

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MEX:ESS Essex Property Trust Inc MEX:ESS
78 GF Score
Price MXN4,081.12
GF Value MXN3,874.45
! 12 Warning Signs
View Full Analysis

What is Essex Property Trust Shiller PE Ratio?

Essex Property Trust MEX:ESS 78 Shiller PE Ratio is 26.71 as of Jul. 21, 2026, which is 47% below its 10-year median of 50.76. GuruFocus rates MEX:ESS with a GF Score™ of 78/100 and a GF Value™ of MXN3,874.45. The stock has 12 warning signs investors should review. Among 483 REITs companies, Essex Property Trust ranks worse than 86.54% on this metric.

As of today (2026-07-21), Essex Property Trust's current share price is MXN4081.12. Essex Property Trust's E10 for the quarter that ended in Mar. 2026 was MXN152.79. Essex Property Trust's Shiller PE Ratio for today is 26.71.

The historical rank and industry rank for Essex Property Trust's Shiller PE Ratio or its related term are showing as below:

MEX:ESS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.95   Med: 50.76   Max: 79.97
Current: 32.42

During the past years, Essex Property Trust's highest Shiller PE Ratio was 79.97. The lowest was 26.95. And the median was 50.76.

MEX:ESS's Shiller PE Ratio is ranked worse than
86.54% of 483 companies
in the REITs industry
Industry Median: 13.64 vs MEX:ESS: 32.42

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Essex Property Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was MXN29.754. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN152.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essex Property Trust  (MEX:ESS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Essex Property Trust Shiller PE Ratio Related Terms


Essex Property Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Essex Property Trust's Shiller 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.

Essex Property Trust Shiller PE Ratio Chart

Essex Property Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.66 31.65 35.30 35.20 29.42

Essex Property Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 36.46 32.46 29.88 29.42 26.70

MEX:ESS vs INVH, MAA, SUI: Shiller PE Ratio Comparison

For the REIT - Residential subindustry, Essex Property Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Essex Property Trust Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Essex Property Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Essex Property Trust's Shiller PE Ratio falls into.


MEX:ESS
78GF Score
Essex Property Trust Inc MEX:ESS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essex Property Trust Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Essex Property Trust's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4081.12/152.79
=26.71

* 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.

Essex Property Trust's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Essex Property Trust's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=29.754/330.2130*330.2130
=29.754

Current CPI (Mar. 2026) = 330.2130.

Essex Property Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 20.343 241.018 27.871
201609 19.336 241.428 26.447
201612 61.439 241.432 84.032
201703 51.215 243.801 69.367
201706 19.522 244.955 26.317
201709 21.959 246.819 29.378
201712 30.834 246.524 41.301
201803 25.071 249.554 33.174
201806 29.867 251.989 39.139
201809 22.820 252.439 29.851
201812 34.950 251.233 45.937
201903 35.110 254.202 45.609
201906 26.892 256.143 34.668
201909 29.810 256.759 38.338
201912 36.777 256.974 47.259
202003 111.612 258.115 142.788
202006 29.776 257.797 38.140
202009 24.963 260.280 31.670
202012 29.241 260.474 37.070
202103 52.942 264.877 66.001
202106 19.906 271.696 24.193
202109 37.423 274.310 45.050
202112 43.079 278.802 51.023
202203 22.300 287.504 25.613
202206 17.503 296.311 19.506
202209 28.764 296.808 32.001
202212 55.759 296.797 62.037
202303 42.899 301.836 46.932
202306 26.573 305.109 28.759
202309 23.690 307.789 25.416
202312 17.314 306.746 18.639
202403 70.534 312.332 74.572
202406 26.564 314.175 27.920
202409 36.230 315.301 37.943
202412 83.423 315.605 87.284
202503 64.648 319.799 66.753
202506 64.772 322.561 66.309
202509 46.961 324.800 47.744
202512 22.507 324.054 22.935
202603 29.754 330.213 29.754

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 26.71 mean?
Essex Property Trust (MEX:ESS) has a Shiller PE Ratio of 26.71 as of Jul. 21, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Essex Property Trust and its competitors. This is 47% below median its historical median of 50.76. Over the past decade, Essex Property Trust's Shiller PE Ratio has ranged from 26.95 to 79.97. According to the industry distribution chart, Essex Property Trust ranks #418 out of 483 companies in the REITs industry, placing it in the top 86.5%.
Is Essex Property Trust's Shiller PE Ratio too high?
Essex Property Trust's current Shiller PE Ratio of 26.71 is 47% below median its 10-year median of 50.76. Over the past 10 years, this metric has ranged from a low of 26.95 to a high of 79.97. The REITs industry median Shiller PE Ratio is 13.64. Essex Property Trust's value of 26.71 is 95.8% above this industry median. Based on the distribution chart, Essex Property Trust ranks #418 out of 483 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Essex Property Trust has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Essex Property Trust's Shiller PE Ratio compare to INVH and MAA?
According to the REITs industry distribution chart, Essex Property Trust ranks #418 out of 483 companies for Shiller PE Ratio. This places Essex Property Trust in the lower half of its industry. The industry median Shiller PE Ratio is 13.64. Essex Property Trust's value of 26.71 is 95.8% above this benchmark. Historically, Essex Property Trust's own Shiller PE Ratio has ranged from 26.95 to 79.97 over the past decade. While the company's 10-year median is 50.76 vs. the industry median of 13.64, Essex Property 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 Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.64, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Essex Property Trust's current Shiller PE Ratio of 26.71 is 95.8% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Essex Property Trust and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essex Property Trust's current Shiller PE Ratio is 26.71, which is 47% below median its own 10-year median of 50.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essex Property Trust stock overvalued right now?
Essex Property Trust (MEX:ESS) has a current Shiller PE Ratio of 26.71. The stock's GF Value™ is MXN3,874.45, compared to a current price of MXN4,081.12 — trading 5.3% above its estimated fair value. The current Shiller PE Ratio is 26.71, which is 47% below median its 10-year median of 50.76 and 95.8% above the REITs industry median of 13.64. Essex Property Trust's overall GF Score™ is 78/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Essex Property Trust (MEX:ESS), the current Shiller PE Ratio is 26.71 as of Jul. 21, 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 Essex Property Trust (MEX:ESS) Overvalued in 2026?

Based on GuruFocus' analysis, Essex Property Trust stock appears to be overvalued. The current stock price of MXN4,081.12 is trading 5.3% above its estimated GF Value™ of MXN3,874.45.

Key valuation signals for MEX:ESS:

  • Shiller PE Ratio: 26.71 (47% below median its 10-year median of 50.76)
  • GF Value™: MXN3,874.45 vs. price of MXN4,081.12 (5.3% above fair value)
  • GF Score™: 78/100 with 12 warning signs
  • Industry Position: 95.8% above the REITs median (#418 of 483)

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


Essex Property Trust Business Description

Industry Real EstateREITs
Address 1100 Park Place, Suite 200, San Mateo, CA, USA, 94403
Essex Property Trust owns a portfolio of 259 apartment communities with over 63,000 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.
78GF Score

Get the complete analysis for MEX:ESS

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

MXN4,081.12
Price
MXN3,874.45
GF Value