Is Essex Property Trust, Inc. (ESS) Undervalued?
Based on the current stock price of $262.16 and a P/E ratio of 19.92,Essex Property Trust, Inc. has a PEG ratio of 3.81.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 3.81, ESS appears to be potentially overvalued relative to its growth rate of 5.23%.
Based on a PEG ratio of 2.18 (adjusted for dividends).
Compare ESS vs Competitors
Use the calculator below to see how ESS stacks up against other stocks in the same industry.
How we analyzed ESS
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 19.92and dividing it by the annual growth rate of 5.23%.
PEG = 19.92 (P/E) ÷ 5.23 (Growth) = 3.81
Frequently Asked Questions about ESS
What is the current PEG Ratio for Essex Property Trust, Inc. (ESS)?+
The current PEG Ratio for Essex Property Trust, Inc. is 3.81. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is ESS stock undervalued right now?+
Based on the PEG ratio of 3.81, Essex Property Trust, Inc. appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for ESS?+
The PEGY ratio for Essex Property Trust, Inc. is 2.18. This metric accounts for dividend yield (3.92%), providing a more complete valuation picture.