VRE
Price:
$14.57
Market Cap:
$1.36B
Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris ...[Read more]
Industry
REIT - Residential
IPO Date
1994-08-25
Stock Exchange
NYSE
Ticker
VRE
According to Veris Residential, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 23.13. This represents a change of -393.68% compared to the average of -7.88 of the last 4 quarters.
The mean historical PE Ratio of Veris Residential, Inc. over the last ten years is -1.87. The current 23.13 PE Ratio has changed -123726.54% with respect to the historical average. Over the past ten years (40 quarters), VRE's PE Ratio was at its highest in in the December 2017 quarter at 187.94. The PE Ratio was at its lowest in in the June 2018 quarter at -366.09.
Average
-1.87
Median
-13.75
Minimum
-66.67
Maximum
83.70
Discovering the peaks and valleys of Veris Residential, Inc. 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 = 394.83%
Maximum Annual PE Ratio = 83.70
Minimum Annual Increase = -346.17%
Minimum Annual PE Ratio = -66.67
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | -66.67 | 394.83% |
| 2023 | -13.47 | -46.54% |
| 2022 | -25.21 | 79.71% |
| 2021 | -14.03 | -31.30% |
| 2020 | -20.42 | -346.17% |
| 2019 | 8.29 | -64.65% |
| 2018 | 23.46 | -71.97% |
| 2017 | 83.70 | 276.71% |
| 2016 | 22.22 | -234.00% |
| 2015 | -16.58 | -128.01% |
The current PE Ratio of Veris Residential, Inc. (VRE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-35.12
5-year avg
-27.96
10-year avg
-1.87
Veris Residential, Inc.’s PE Ratio is greater than Ladder Capital Corp (17.23), greater than TPG RE Finance Trust, Inc. (10.55), less than UMH Properties, Inc. (42.09), greater than Ellington Financial Inc. (8.91), greater than Apollo Commercial Real Estate Finance, Inc. (10.03), greater than KKR Real Estate Finance Trust Inc. (-83.91), less than Sila Realty Trust, Inc. (32.80), greater than Innovative Industrial Properties, Inc. (11.23), greater than Xenia Hotels & Resorts, Inc. (22.74),
| Company | PE Ratio | Market cap |
|---|---|---|
| 17.23 | $1.40B | |
| 10.55 | $700.44M | |
| 42.09 | $1.30B | |
| 8.91 | $1.29B | |
| 10.03 | $1.39B | |
| -83.91 | $552.81M | |
| 32.80 | $1.29B | |
| 11.23 | $1.43B | |
| 22.74 | $1.28B |
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