Equity Lifestyle Properties price to book ratio ELS
Market value divided by the book value of the company's net assets, since 2010.
- Today, Oct 23, 2026
- 6.7×
- 10-year median
- 8.6×
- Against its 10-year history
- 6th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 5.7× to 13.1×
- Peer median
- 2.1×
Equity Lifestyle Properties' price to book ratio is 6.7× as of Oct 23, 2026.
That is below its ten-year median of 8.6×, lower than on 94% of days in the last ten years.
Over that time it ranged from 5.7× in Nov 2016 to 13.1× in Sep 2021.
The median for 10 specialty REITs of a similar size is 2.1×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 6.7× | 6.4× | 7.5× |
| 2025 | 6.8× | 6.5× | 9.1× |
| 2024 | 8.9× | 7.9× | 9.9× |
| 2023 | 9.2× | 8.2× | 9.4× |
| 2022 | 8.3× | 7.5× | 11.9× |
| 2021 | 12.9× | 8.8× | 13.1× |
| 2020 | 9.4× | 7.1× | 11.2× |
| 2019 | 10.1× | 7.7× | 10.8× |
| 2018 | 7.7× | 7.2× | 8.4× |
| 2017 | 8.2× | 6.2× | 8.4× |
| 2016 | 6.1× | 5.7× | 7.2× |
| 2015 | 6.1× | 4.8× | 6.1× |
| 2014 | 4.8× | 3.4× | 4.8× |
| 2013 | 3.4× | 3.1× | 4.0× |
| 2012 | 3.0× | 2.9× | 4.5× |
| 2011 | 4.3× | 3.8× | 9.0× |
| 2010 | 7.5× | 7.2× | 8.0× |
Against its peers
Companies in REIT - Specialty nearest Equity Lifestyle Properties' size, closest first, today.
| Company | Price to book ratio |
|---|---|
| ELSEquity Lifestyle Properties | 6.7× |
| AHRAmerican Healthcare REIT | 3.1× |
| UDRUDR | 3.9× |
| GLPIGaming & Leisure Properties | 2.3× |
| AMHAmerican Homes 4 Rent | 1.7× |
| EGPEastgroup Properties | 3.0× |
| DOCHealthpeak Properties | 1.7× |
| AGNCAGNC Investment | 0.8× |
| REGRegency Centers | 2.0× |
| CPTCamden Property Trust | 2.7× |
| NLYAnnaly Capital Management | 0.8× |
| Peer median | 2.1× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on Equity Lifestyle Properties
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.