Empire Price Earnings Ratio from 2010 to 2024
| ESBA Stock | USD 11.11 0.12 1.07% |
Price Earnings Ratio | First Reported 2010-12-31 | Previous Quarter 29.32241863 | Current Value 19.94 | Quarterly Volatility 48.62929389 |
Check Empire State financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Empire State's main balance sheet or income statement drivers, such as Depreciation And Amortization of 622.5 M, Interest Expense of 78.7 M or Total Revenue of 581.7 M, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0164 or PTB Ratio of 1.66. Empire financial statements analysis is a perfect complement when working with Empire State Valuation or Volatility modules.
Empire | Price Earnings Ratio |
Latest Empire State's Price Earnings Ratio Growth Pattern
Below is the plot of the Price Earnings Ratio of Empire State Realty over the last few years. It is Empire State's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Empire State's overall financial position and show how it may be relating to other accounts over time.
| Price Earnings Ratio | 10 Years Trend |
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Price Earnings Ratio |
| Timeline |
Empire Price Earnings Ratio Regression Statistics
| Arithmetic Mean | 17.02 | |
| Geometric Mean | 35.61 | |
| Coefficient Of Variation | 285.69 | |
| Mean Deviation | 29.75 | |
| Median | 24.68 | |
| Standard Deviation | 48.63 | |
| Sample Variance | 2,365 | |
| Range | 181 | |
| R-Value | (0.33) | |
| Mean Square Error | 2,261 | |
| R-Squared | 0.11 | |
| Significance | 0.22 | |
| Slope | (3.64) | |
| Total Sum of Squares | 33,107 |
Empire Price Earnings Ratio History
About Empire State Financial Statements
Empire State stakeholders use historical fundamental indicators, such as Empire State's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Empire State investors may analyze each financial statement separately, they are all interrelated. For example, changes in Empire State's assets and liabilities are reflected in the revenues and expenses on Empire State's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Empire State Realty. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Earnings Ratio | 29.32 | 19.94 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Empire State Realty is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Empire Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Empire State Realty Stock. Highlighted below are key reports to facilitate an investment decision about Empire State Realty Stock:Check out the analysis of Empire State Correlation against competitors. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Empire State. If investors know Empire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Empire State listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.143 | Dividend Share 0.14 | Earnings Share 0.27 | Revenue Per Share 3.092 | Quarterly Revenue Growth 0.017 |
The market value of Empire State Realty is measured differently than its book value, which is the value of Empire that is recorded on the company's balance sheet. Investors also form their own opinion of Empire State's value that differs from its market value or its book value, called intrinsic value, which is Empire State's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Empire State's market value can be influenced by many factors that don't directly affect Empire State's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Empire State's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empire State is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empire State's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.