Question 1

What is Alexandria Real Estate Equities's P/E ratio?

Accepted Answer

Alexandria Real Estate Equities (ARE) P/E ratio is 92.9× as of July 18, 2025. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Alexandria Real Estate Equities?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Alexandria Real Estate Equities specifically, the relevant sector benchmark is the current sector median of 27.5×.

Question 5

Is Alexandria Real Estate Equities's P/E ratio high or low?

Accepted Answer

Alexandria Real Estate Equities's P/E ratio of 92.9× is above its own 5-year average of 73.4× and above the sector median of 27.5×. That places the current reading at the 82th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Alexandria Real Estate Equities's historical P/E ratio range?

Accepted Answer

In the available daily series, Alexandria Real Estate Equities (ARE) P/E ratio has ranged from a low of 9.7× in 2009 to a high of 214.0× in 2024. The 5-year average is 73.4× and the 5-year median is 64.4×.

Question 7

What was Alexandria Real Estate Equities's P/E ratio in 2024?

Accepted Answer

Alexandria Real Estate Equities (ARE) P/E ratio at the end of 2024 was 52.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Alexandria Real Estate Equities's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$8.34B	−$1.43B	—	—	Dec 31, 2025
2024	$16.78B	$322.95M	52.0×	-157.3×	Dec 31, 2024
2023	$21.69B	$103.64M	209.3×	+163.1×	Dec 31, 2023
2022	$24.09B	$521.66M	46.2×	-13.7×	Dec 31, 2022
2021	$34.22B	$571.25M	59.9×	+29.0×	Dec 31, 2021
2020	$23.83B	$770.96M	30.9×	-19.9×	Dec 31, 2020
2019	$18.45B	$363.17M	50.8×	+18.9×	Dec 31, 2019
2018	$12.11B	$379.31M	31.9×	-45.2×	Dec 31, 2018
2017	$13.04B	$169.09M	77.1×	—	Dec 31, 2017
2016	$9.80B	−$65.90M	—	—	Dec 31, 2016
2015	$6.49B	$144.22M	45.0×	-16.1×	Dec 31, 2015
2014	$6.21B	$101.57M	61.1×	+28.0×	Dec 31, 2014
2013	$4.52B	$136.22M	33.2×	-9.7×	Dec 31, 2013
2012	$4.37B	$102.13M	42.8×	+10.5×	Dec 31, 2012
2011	$4.24B	$131.42M	32.3×	+2.5×	Dec 31, 2011
2010	$4.03B	$135.29M	29.8×	+8.9×	Dec 31, 2010
2009	$2.81B	$134.60M	20.9×	+4.2×	Dec 31, 2009
2008	$1.96B	$117.86M	16.6×	-17.6×	Dec 31, 2008
2007	$3.21B	$93.72M	34.2×	-5.3×	Dec 31, 2007
2006	$2.90B	$73.42M	39.5×	+11.2×	Dec 31, 2006
2005	$1.80B	$63.43M	28.3×	+4.3×	Dec 31, 2005
2004	$1.45B	$60.20M	24.1×	+5.4×	Dec 31, 2004
2003	$1.11B	$59.64M	18.6×	-1.5×	Dec 31, 2003
2002	$804.96M	$40.03M	20.1×	-2.2×	Dec 31, 2002
2001	$674.42M	$30.28M	22.3×	—	Dec 31, 2001


Prologis (PLD)	33.1×
Universal Health Realty Income Trust (UHT)	31.4×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Essex Property Trust (ESS)	27.1×
Camden Property Trust (CPT)	26.4×
BXP (BXP)	26.0×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
Equity Residential (EQR)	23.3×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
Federal Realty Investment Trust (FRT)	18.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Alexandria Real Estate Equities (ARE)

P/E Ratio daily chart for Alexandria Real Estate Equities (ARE)

Historical P/E Ratio for Alexandria Real Estate Equities (ARE) from 2001 to 2025

About P/E Ratio at Alexandria Real Estate Equities (ARE)

Alexandria Real Estate Equities P/E Ratio by Year

Alexandria Real Estate Equities P/E Ratio 2024: 52.0×

Alexandria Real Estate Equities P/E Ratio 2023: 209.3×

Alexandria Real Estate Equities P/E Ratio 2022: 46.2×

Alexandria Real Estate Equities P/E Ratio 2021: 59.9×

Alexandria Real Estate Equities P/E Ratio 2020: 30.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Alexandria Real Estate Equities (ARE) Key Financials

P/E Ratio daily chart for Alexandria Real Estate Equities (ARE)

Historical P/E Ratio for Alexandria Real Estate Equities (ARE) from 2001 to 2025

About P/E Ratio at Alexandria Real Estate Equities (ARE)

Alexandria Real Estate Equities P/E Ratio by Year

Alexandria Real Estate Equities P/E Ratio 2024: 52.0×

Alexandria Real Estate Equities P/E Ratio 2023: 209.3×

Alexandria Real Estate Equities P/E Ratio 2022: 46.2×

Alexandria Real Estate Equities P/E Ratio 2021: 59.9×

Alexandria Real Estate Equities P/E Ratio 2020: 30.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Alexandria Real Estate Equities's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Alexandria Real Estate Equities?

+Is Alexandria Real Estate Equities's P/E ratio high or low?

+What is Alexandria Real Estate Equities's historical P/E ratio range?

+What was Alexandria Real Estate Equities's P/E ratio in 2024?

+Why does Alexandria Real Estate Equities's P/E ratio change over time?

Alexandria Real Estate Equities (ARE) Key Financials