ELME
Price:
$17.21
Market Cap:
$1.52B
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.
Industry
REIT - Office
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
ELME
According to Elme Communities’s latest financial reports and current stock price. The company's current PE Ratio is -11.25. This represents a change of -84.72% compared to the average of -73.62 of the last 4 quarters.
The mean historical PE Ratio of Elme Communities over the last ten years is -5.14. The current -11.25 PE Ratio has changed 21.80% with respect to the historical average. Over the past ten years (40 quarters), ELME's PE Ratio was at its highest in in the June 2019 quarter at 536.81. The PE Ratio was at its lowest in in the September 2020 quarter at -420.78.
Average
-5.14
Median
-9.04
Minimum
-102.46
Maximum
117.53
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 = -102.46
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -102.46 | 323.76% |
| 2023 | -24.18 | -5.61% |
| 2022 | -25.62 | -74.46% |
| 2021 | -100.31 | 198.38% |
| 2020 | -33.62 | -650.57% |
| 2019 | 6.11 | -91.38% |
| 2018 | 70.86 | -39.71% |
| 2017 | 117.53 | 494.55% |
| 2016 | 19.77 | -3.85% |
| 2015 | 20.56 | 24.22% |
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
-50.75
5-year avg
-57.24
10-year avg
-5.14
Elme Communities’s PE Ratio is greater than Paramount Group, Inc. (-14.90), less than ARMOUR Residential REIT, Inc. (28.19), less than JBG SMITH Properties (-7.18), less than EPR Properties (19.76), less than TPG RE Finance Trust, Inc. (10.55), less than Innovative Industrial Properties, Inc. (11.23), less than Uniti Group Inc. (26.77), greater than Piedmont Office Realty Trust, Inc. (-14.85), less than Getty Realty Corp. (20.80), less than Ellington Financial Inc. (8.91),
| Company | PE Ratio | Market cap |
|---|---|---|
| -14.90 | $1.46B | |
| 28.19 | $1.95B | |
| -7.18 | $1.08B | |
| 19.76 | $3.95B | |
| 10.55 | $700.44M | |
| 11.23 | $1.43B | |
| 26.77 | $1.62B | |
| -14.85 | $1.04B | |
| 20.80 | $1.54B | |
| 8.91 | $1.29B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Elme Communities using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Elme Communities or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the PE Ratio?
How can you use the PE Ratio?
What is Elme Communities's PE Ratio?
How is the PE Ratio calculated for Elme Communities (ELME)?
What is the highest PE Ratio for Elme Communities (ELME)?
What is the 3-year average PE Ratio for Elme Communities (ELME)?
What is the 5-year average PE Ratio for Elme Communities (ELME)?
How does the current PE Ratio for Elme Communities (ELME) compare to its historical average?