Paramount Group, Inc.

Paramount Group, Inc.verified

PGRE

Price:

$4.75

Market Cap:

$1.03B

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.[Read more]

Industry

REIT - Office

IPO Date

2014-11-19

Stock Exchange

NYSE

Ticker

PGRE

The Current Ratio as of November 2024 (TTM) for Paramount Group, Inc. (PGRE) is 6.04

According to Paramount Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 6.04. This represents a change of -10.13% compared to the average of 6.72 of the last 4 quarters.

Paramount Group, Inc. (PGRE) Historical Current Ratio (quarterly & annually)

How has PGRE Current Ratio performed in the past?

The mean historical Current Ratio of Paramount Group, Inc. over the last ten years is 3.88. The current 6.04 Current Ratio has changed 15.46% with respect to the historical average. Over the past ten years (40 quarters), PGRE's Current Ratio was at its highest in in the December 2023 quarter at 7.16. The Current Ratio was at its lowest in in the March 2016 quarter at 1.34.

Quarterly (TTM)
Annual

Average

3.88

Median

4.04

Minimum

0.80

Maximum

6.85

Paramount Group, Inc. (PGRE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Paramount Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 77.34%

Maximum Annual Current Ratio = 6.85

Minimum Annual Increase = -86.22%

Minimum Annual Current Ratio = 0.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.80-86.22%
20225.81-11.97%
20216.60-3.69%
20206.8577.34%
20193.86-11.13%
20184.3551.42%
20172.8754.45%
20161.8618.61%
20151.57-62.92%
20144.23-13.19%

Paramount Group, Inc. (PGRE) Average Current Ratio

How has PGRE Current Ratio performed in the past?

The current Current Ratio of Paramount Group, Inc. (PGRE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.40

5-year avg

4.78

10-year avg

3.88

Paramount Group, Inc. (PGRE) Current Ratio vs. Peers

How is PGRE’s Current Ratio compared to its peers?

Paramount Group, Inc.’s Current Ratio is less than Corporate Office Properties Trust (12.60), greater than Highwoods Properties, Inc. (1.24), greater than Piedmont Office Realty Trust, Inc. (3.36), greater than Douglas Emmett, Inc. (0.12), greater than Kilroy Realty Corporation (1.79), less than Brandywine Realty Trust (10.86), greater than City Office REIT, Inc. (0.31), greater than Cousins Properties Incorporated (1.19), less than Equity Commonwealth (79.91), greater than Hudson Pacific Properties, Inc. (0.85),

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