Elme Communities

Elme Communitiesverified

ELME

Price:

$17.49

Market Cap:

$1.54B

Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.[Read more]

Industry

REIT - Office

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

ELME

The PE Ratio as of September 2024 (TTM) for Elme Communities (ELME) is -28.21

According to Elme Communities’s latest financial reports and current stock price. The company's current PE Ratio is -28.21. This represents a change of -61.19% compared to the average of -72.69 of the last 4 quarters.

Elme Communities (ELME) Historical PE Ratio (quarterly & annually)

How has ELME PE Ratio performed in the past?

The mean historical PE Ratio of Elme Communities over the last ten years is 6.76. The current -28.21 PE Ratio has changed -41801.51% with respect to the historical average. Over the past ten years (40 quarters), ELME's PE Ratio was at its highest in in the September 2015 quarter at 656.83. The PE Ratio was at its lowest in in the September 2020 quarter at -420.78.

Quarterly (TTM)
Annual

Average

6.76

Median

11.33

Minimum

-100.31

Maximum

117.53

Elme Communities (ELME) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Elme Communities PE 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 = 494.55%

Maximum Annual PE Ratio = 117.53

Minimum Annual Increase = -650.57%

Minimum Annual PE Ratio = -100.31

Quarterly (TTM)
Annual
YearPE RatioChange
2023-24.18-5.61%
2022-25.62-74.46%
2021-100.31198.38%
2020-33.62-650.57%
20196.11-91.38%
201870.86-39.71%
2017117.53494.55%
201619.77-3.85%
201520.5624.22%
201416.55-60.26%

Elme Communities (ELME) Average PE Ratio

How has ELME PE Ratio performed in the past?

The current PE Ratio of Elme Communities (ELME) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-50.03

5-year avg

-35.52

10-year avg

6.76

Elme Communities (ELME) PE Ratio vs. Peers

How is ELME’s PE Ratio compared to its peers?

Elme Communities’s PE Ratio is less than BRT Apartments Corp. (0), greater than NexPoint Residential Trust, Inc. (-36.81), less than Centerspace (12.88), greater than Veris Residential, Inc. (-224.73), less than Apartment Income REIT Corp. (-25.98), less than Clipper Realty Inc. (8.83), less than Equity LifeStyle Properties, Inc. (-17.97), less than Sun Communities, Inc. (38.54), less than UDR, Inc. (158.66), less than UMH Properties, Inc. (105.13), less than American Homes 4 Rent (103.75), less than null (39.47),

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