Elme Communities (ELME) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2022
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ELME Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, Elme Communities (ELME) trades at a price-to-earnings ratio of -1.2x, with a stock price of $2.17 and trailing twelve-month earnings per share of $-1.75.
The current P/E is 101% below its 5-year average of 124.6x. Over the past five years, ELME's P/E has ranged from a low of 4.7x to a high of 534.1x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.3x, ELME trades at a 105% 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, ELME 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 ELME 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.
ELME P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $12B | 32.8 | 0.79Best | +335%Best | |
| $4B | 24.5 | - | -4% | |
| $4B | 68.4 | - | +41% | |
| $25B | 22.7Lowest | 4.46 | +7% | |
| $26B | 25.2 | 5.39 | -3% | |
| $17B | 25.7 | 6.94 | -10% | |
| $15B | 34.5 | 2.99 | -16% | |
| $11B | 29.6 | 1.27 | +136% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ELME Historical P/E Data (1990–2022)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2022 Q2 | $21.31 | $0.04 | 534.1x | +1143% | |
| FY2022 Q1 | $25.50 | $0.06 | 446.6x | +940% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $25.85 | $0.19 | 133.6x | +211% |
| FY2021 Q3 | $24.75 | $0.14 | 172.4x | +301% | |
| FY2020 Q3 | Wed Sep 30 2020 00:00:00 GM | $20.13 | $0.60 | 33.4x | -22% |
| FY2020 Q2 | $22.20 | $4.75 | 4.7x | -89% | |
| FY2020 Q1 | $23.87 | $4.83 | 4.9x | -88% | |
| FY2019 Q4 | $29.18 | $4.75 | 6.1x | -86% | |
| FY2019 Q3 | Mon Sep 30 2019 00:00:00 GM | $27.36 | $4.16 | 6.6x | -85% |
| FY2019 Q2 | Sun Jun 30 2019 00:00:00 GM | $26.73 | $0.09 | 281.7x | +556% |
| FY2019 Q1 | Sun Mar 31 2019 00:00:00 GM | $28.38 | $0.21 | 132.1x | +207% |
| FY2018 Q4 | Mon Dec 31 2018 00:00:00 GM | $23.00 | $0.31 | 74.2x | +73% |
Average P/E for displayed period: 43.0x
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Start ComparisonELME — Frequently Asked Questions
Quick answers to the most common questions about buying ELME stock.
Is ELME stock overvalued or undervalued?
ELME trades at -1.2x P/E, below its 5-year average of 124.6x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ELME's valuation compare to peers?
Elme Communities P/E of -1.2x compares to sector median of 24.3x. The discount suggests lower growth expectations or higher risk.
What is ELME's PEG ratio?
ELME PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2022.