Essex Property Trust, Inc. ESS

271.61 (0.04) (0.01%) as of 25 Sep
Market cap
$18.1B
P/E
42.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Essex Property Trust, Inc. (ESS) P/B ratio

As of 25 September 2026, Essex Property Trust, Inc. (ESS) trades at a P/B ratio of 3.2×. Over the past ten years it has ranged from 1.9× (March 2020) to 3.8× (April 2022); the current reading is higher than 79% of that period. That is above the Reit Residential industry median of 1.9× and above the Real Estate sector median of 1.1×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 3.0× (7.92%)
FY2024 3.2× 11.67%
FY2023 2.9× 23.03%
FY2022 2.3× (37.12%)
FY2021 3.7× 47.60%
FY2020 2.5× (18.75%)
FY2019 3.1× 22.14%
FY2018 2.5× 2.51%
FY2017 2.5× 3.57%
FY2016 2.4× (3.80%)

Quarterly

Period P/B ratio Change
Jun 2026 3.4× 22.67%
Mar 2026 2.8× (5.64%)
Dec 2025 3.0× (0.68%)
Sep 2025 3.0× (5.45%)
42 more quarters

Against its own ten years

Low 1.9× High 3.8×
Ten-year median 2.7×
Current reading's percentile 79

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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