Empire State Realty OP PE ratio ESBA

Share price divided by earnings per share over the last twelve months, since 2015.

Today, Oct 23, 2026: 159×
10-year median: 40.7×
Against its 10-year history: 97th; percentile: 0 is its lowest day, 100 its highest
10-year range: 16.4× to 200×
Peer median: 11.7×

Empire State Realty OP's PE ratio is 159× as of Oct 23, 2026: a share price of $4.76 against $0.03 of earnings per share over the last twelve months.

That is above its ten-year median of 40.7×, higher than on 97% of days in the last ten years.

Over that time it ranged from 16.4× in May 2023 to 200× in Aug 2022.

The median for 10 specialty REITs of a similar size is 11.7×.

PE ratio over time

median 40.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	159×	18.5×	160×
2025	29.6×	23.1×	37.7×
2024	37.2×	28.8×	43.4×
2023	28.5×	16.4×	71.3×
2022	59.4×	56.4×	200×
2021	n/m a value too high to mean anything
2020	40.7×	25.0×	51.0×
2019	44.5×	38.2×	47.0×
2018	38.6×	38.6×	50.6×
2017	53.0×	51.1×	63.6×
2016	58.8×	52.9×	68.0×
2015	66.8×	61.4×	69.8×

Against its peers

Companies in REIT - Specialty nearest Empire State Realty OP's size, closest first, today.

Company	PE ratio
ESBAEmpire State Realty OP	159×
CHMICherry Hill Mortgage Investment	14.2×
SUNSSunrise Realty Trust	6.5×
SEVNSeven Hills Realty Trust	9.2×
IORIncome Opportunity Realty Investors	19.1×
MITTTPG Mortgage Investment Trust	7.4×
STRWStrawberry Fields REIT	19.8×
SELFGlobal Self Storage	27.1×
REFIChicago Atlantic Real Estate Finance	6.8×
LOANManhattan Bridge Capital	8.3×
PINEAlpine Income Property Trust	35.1×
Peer median	11.7×

Where Empire State Realty OP ranks

#100of 101Specialty REITs with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Empire State Realty OP

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.