Elme Communities Historical PE Ratio image   This ELME PE ratio history page last updated 4/10/2024
Elme Communities Historical PE Ratio Chart
PeriodPriceFFOAnnualizedPE
Q4 2023
2/15/2024
14.560.240.9615.2
Q3 2023
10/26/2023
13.400.240.9614.0
Q2 2023
7/31/2023
16.250.240.9616.9
Q1 2023
4/27/2023
17.790.240.9618.5
Q4 2022
2/16/2023
18.810.240.9619.6
Q3 2022
10/27/2022
18.530.230.9220.1
Q2 2022
7/28/2022
22.320.210.8426.6
Q1 2022
4/27/2022
24.890.200.8031.1
Q4 2021
2/17/2022
24.420.170.6835.9
Q3 2021
10/28/2021
25.630.200.8032.0
Q2 2021
7/29/2021
24.690.351.4017.6
Q1 2021
4/28/2021
23.170.341.3617.0
Q4 2020
2/11/2021
23.530.331.3217.8
Q3 2020
10/29/2020
17.550.361.4412.2
Q2 2020
7/28/2020
21.880.391.5614.0
Q1 2020
4/22/2020
21.500.371.4814.5
Q4 2019
2/13/2020
32.020.401.6020.0
Q3 2019
10/24/2019
29.550.411.6418.0
Q2 2019
7/25/2019
27.410.471.8814.6
Q1 2019
4/24/2019
28.450.441.7616.2
Q4 2018
2/14/2019
25.940.461.8414.1
Q3 2018
10/25/2018
29.170.451.8016.2
Q2 2018
7/26/2018
29.910.481.9215.6
Q1 2018
4/25/2018
27.880.461.8415.2
Q4 2017
2/15/2018
26.570.441.7615.1
Q3 2017
10/26/2017
32.280.461.8417.5
Q2 2017
7/27/2017
32.250.481.9216.8
Q1 2017
4/26/2017
32.080.441.7618.2
Q4 2016
2/16/2017
32.650.431.7219.0
Q3 2016
10/27/2016
29.200.451.8016.2
Q2 2016
7/27/2016
33.040.461.8418.0
Q1 2016
4/27/2016
29.310.421.6817.4
Q4 2015
2/18/2016
25.290.461.8413.7
Q3 2015
10/22/2015
27.590.451.8015.3
Q2 2015
7/23/2015
26.900.421.6816.0
Q1 2015
4/23/2015
26.000.381.5217.1
Q4 2014
2/19/2015
28.500.431.7216.6
Q3 2014
10/23/2014
27.180.431.7215.8
Q2 2014
7/24/2014
26.240.381.5217.3
Q1 2014
4/24/2014
24.18-0.02-0.08NA
Q4 2013
2/20/2014
24.240.421.6814.4
Q3 2013
10/23/2013
26.870.090.3674.6
Q2 2013
7/24/2013
27.680.471.8814.7
Q1 2013
4/25/2013
28.540.441.7616.2
Q4 2012
2/13/2013
27.980.421.6816.7
Q3 2012
10/25/2012
26.190.481.9213.6
Q2 2012
7/26/2012
NA0.481.92NA
Elme Communities PE History Chart
PeriodPriceFFOTTMPE
Q4 2023
2/15/2024
14.560.240.9615.2
Q3 2023
10/26/2023
13.400.240.9614.0
Q2 2023
7/31/2023
16.250.240.9517.1
Q1 2023
4/27/2023
17.790.240.9219.3
Q4 2022
2/16/2023
18.810.240.8821.4
Q3 2022
10/27/2022
18.530.230.8122.9
Q2 2022
7/28/2022
22.320.210.7828.6
Q1 2022
4/27/2022
24.890.200.9227.1
Q4 2021
2/17/2022
24.420.171.0623.0
Q3 2021
10/28/2021
25.630.201.2221.0
Q2 2021
7/29/2021
24.690.351.3817.9
Q1 2021
4/28/2021
23.170.341.4216.3
Q4 2020
2/11/2021
23.530.331.4516.2
Q3 2020
10/29/2020
17.550.361.5211.5
Q2 2020
7/28/2020
21.880.391.5713.9
Q1 2020
4/22/2020
21.500.371.6513.0
Q4 2019
2/13/2020
32.020.401.7218.6
Q3 2019
10/24/2019
29.550.411.7816.6
Q2 2019
7/25/2019
27.410.471.8215.1
Q1 2019
4/24/2019
28.450.441.8315.5
Q4 2018
2/14/2019
25.940.461.8514.0
Q3 2018
10/25/2018
29.170.451.8315.9
Q2 2018
7/26/2018
29.910.481.8416.3
Q1 2018
4/25/2018
27.880.461.8415.2
Q4 2017
2/15/2018
26.570.441.8214.6
Q3 2017
10/26/2017
32.280.461.8117.8
Q2 2017
7/27/2017
32.250.481.8017.9
Q1 2017
4/26/2017
32.080.441.7818.0
Q4 2016
2/16/2017
32.650.431.7618.6
Q3 2016
10/27/2016
29.200.451.7916.3
Q2 2016
7/27/2016
33.040.461.7918.5
Q1 2016
4/27/2016
29.310.421.7516.7
Q4 2015
2/18/2016
25.290.461.7114.8
Q3 2015
10/22/2015
27.590.451.6816.4
Q2 2015
7/23/2015
26.900.421.6616.2
Q1 2015
4/23/2015
26.000.381.6216.0
Q4 2014
2/19/2015
28.500.431.2223.4
Q3 2014
10/23/2014
27.180.431.2122.5
Q2 2014
7/24/2014
26.240.380.8730.2
Q1 2014
4/24/2014
24.18-0.020.9625.2
Q4 2013
2/20/2014
24.240.421.4217.1
Q3 2013
10/23/2013
26.870.091.4218.9
Q2 2013
7/24/2013
27.680.471.8115.3
Q1 2013
4/25/2013
28.540.441.8215.7
Q4 2012
2/13/2013
27.980.42NANA
Q3 2012
10/25/2012
26.190.48NANA
Q2 2012
7/26/2012
NA0.48NANA
How should the ELME historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like Elme Communities. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this ELME Historical PE Ratio page.

What is the average historical PE for ELME based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The ELME historical PE ratio using the annualized quarterly earnings method works out to 19.0.

What is the average historical PE for ELME based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The ELME historical PE ratio using the TTM earnings method works out to 18.1.

What is the average historical PE for ELME based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The ELME historical PE ratio using the annualized median TTM earnings method works out to 0.96.

On this page we presented the Elme Communities Historical PE Ratio information for Elme Communities' stock. The average ELME historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 19.0. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ELME historical PE based on this TTM earnings result method is 18.1. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this ELME historical PE result, against the recent PE: when this page was posted on 4/9/2024, the most recent closing price for ELME had been 15.27, and the most recent quarterly earnings result, annualized, was 0.96. Meanwhile, the most recent TTM earnings summed to 0.96. From these numbers, we calculate the recent ELME PE on 4/9/2024 based on annualized quarterly EPS was 15.9. Based on ELME's history, that recent PE is low relative to the historical average, with the recent PE 16.3% lower than the historical average PE across our data set for Elme Communities. Looking at the recent ELME PE on 4/9/2024 based on TTM EPS, we calculate the ratio at 15.9. Based on ELME's history, that recent PE is low relative to the historical average, with the recent PE 12.2% lower than the average PE across our Elme Communities data set with TTM EPS used in the calculation at each period.

Another interesting ELME historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ELME, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ELME, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.24, 0.24, 0.24, and 0.24. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.24 and 0.24 — which gives us the median of 0.24. Basically the way to think about this 0.24 number is this: for the trailing four earnings reports, 0.24 marks the "middle ground" number where ELME has reported a value higher than 0.24 half the time, and has reported a value lower than 0.24 half the time. Annualizing that median value then gets us to 0.96/share, which we use as the denominator in our next PE calculation. With 15.27 as the numerator (as of 4/9/2024), the calculation is then 15.27 / 0.96 = 15.9 as the ELME PE ratio as of 4/9/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ELME or any other given stock, valuation analysis for ELME can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Elme Communities PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ELME. Thanks for visiting, and the next time you need to research ELME Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

Recommended: PIH market cap history, Zimmer Biomet Holdings Average Annual Return, Top Ten Hedge Funds Holding FLAG.

 

Elme Communities Historical PE Ratio | www.HistoricalPERatio.com | Copyright © 2020 - 2024, All Rights Reserved

Nothing in HistoricalPERatio.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.