Alexandria Real Estate Equities, Inc. (ARE) P/E Ratio History
Historical price-to-earnings valuation from 1998 to 2025
Loading P/E history...
ARE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Alexandria Real Estate Equities, Inc. (ARE) trades at a price-to-earnings ratio of -5.4x, with a stock price of $45.83 and trailing twelve-month earnings per share of $-5.43.
The current P/E is 111% below its 5-year average of 49.7x. Over the past five years, ARE's P/E has ranged from a low of 26.6x to a high of 121.4x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.5x, ARE trades at a 122% discount to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.1x to 195.0x.
Relative to the broader market, ARE trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ARE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ARE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $9B | 25.1 | 1.19Best | +96% | |
| $2B | 14.7 | 3.92 | -29% | |
| $9B | 34.4 | - | +1833% | |
| $6B | 7.5Lowest | - | +10400%Best | |
| $3B | 17.8 | - | +54% | |
| $4B | 111.6 | - | -20% | |
| $1B | 80.3 | - | -37% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ARE Historical P/E Data (1998–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $92.51 | $0.76 | 121.4x | +225% |
| FY2024 Q4 | $97.55 | $1.80 | 54.2x | +45% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $118.75 | $4.47 | 26.6x | -29% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $116.97 | $3.64 | 32.1x | -14% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $128.91 | $3.49 | 37.0x | -1% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $126.77 | $2.71 | 46.8x | +25% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $100.10 | $0.89 | 112.8x | +202% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $113.49 | $2.89 | 39.3x | +5% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $125.59 | $4.48 | 28.0x | -25% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $145.67 | $3.34 | 43.6x | +17% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $140.19 | $3.34 | 42.0x | +12% |
| FY2022 Q2 | $145.03 | $1.88 | 77.1x | +107% |
Average P/E for displayed period: 37.3x
See ARE's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs ARE Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare ARE vs WELL
Side-by-side business, growth, and profitability comparison vs Welltower Inc..
Start ComparisonARE — Frequently Asked Questions
Quick answers to the most common questions about buying ARE stock.
Is ARE stock overvalued or undervalued?
ARE trades at -5.4x P/E, below its 5-year average of 49.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ARE's valuation compare to peers?
Alexandria Real Estate Equities, Inc. P/E of -5.4x compares to sector median of 24.5x. The discount suggests lower growth expectations or higher risk.
What is ARE's PEG ratio?
ARE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1998-2025.