Start with its own history
At 26.01×, VRE is 80.3% below its 5-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · VREREIT - ResidentialUpdated Oct 31, 2026
Veris Residential, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.01×
80.3% belowthe 5-observation annual average
Share price18.99
÷Earnings per share0.73
Price and EPS in quote currency. Calculation details
Investors are paying 26.01 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 132.13×
3-year average18.37×1 positive annual observations
5-year average18.37×1 positive annual observations
10-year average132.13×5 positive annual observations
Peer median · TTM12.49×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 18.37× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | N/M | N/M |
| Dec 31, 2021 | N/M | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 237.47× | +918.3% |
| Dec 31, 2018 | 23.32× | -93.5% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 359.33× | +1522.1% |
| Dec 31, 2016 | 22.15× | N/M |
| Dec 31, 2015 | N/M | N/M |
| Dec 31, 2014 | 59.56× | N/M |
| Dec 31, 2013 | N/M | N/M |
| Dec 31, 2012 | 55.55× | +68.6% |
| Dec 31, 2011 | 32.95× | -33.2% |
| Dec 31, 2010 | 49.34× | +1.3% |
| Dec 31, 2009 | 48.69× | +57.0% |
| Dec 31, 2008 | 31.01× | +47.8% |
| Dec 31, 2007 | 20.99× | -5.8% |
| Dec 31, 2006 | 22.27× | -21.6% |
| Dec 31, 2005 | 28.42× | +2.5% |
| Dec 31, 2004 | 27.73× | +63.2% |
| Dec 31, 2003 | 16.99× | +36.8% |
| Dec 31, 2002 | 12.42× | -6.7% |
| Dec 31, 2001 | 13.31× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How VRE compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 VRE This stockVeris Residential, Inc. | 26.01× |
 LADRLadder Capital Corp | 11.69× |
 TRTXTPG RE Finance Trust, Inc. | 18.50× |
 UMHUMH Properties, Inc. | 147.38× |
 EFCEllington Financial Inc. | 7.14× |
 ARIApollo Commercial Real Estate Finance, Inc. | 3.18× |
 KREFKKR Real Estate Finance Trust Inc. | N/M |
 SILASila Realty Trust, Inc. | 44.00× |
 IIPRInnovative Industrial Properties, Inc. | 12.49× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does VRE’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 12.49×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take VRE into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("VRE", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 18.99 ÷ EPS 0.73 = 26.01×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 31, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
VRE P/E ratio: common questions
The essentials behind the numbers.
Veris Residential, Inc.'s current P/E is 26.01× based on the quote data last updated Oct 31, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.