Empire State Realty OP LP (Empire State Realty OP LP) Median PS Value : $17.49 (As of May. 11, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Empire State Realty OP LP Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Empire State Realty OP LP's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $2.841. Empire State Realty OP LP's 10-Year median PS Ratio is 6.1563. Therefore, the Median PS Value for today is $17.49.

As of today (2024-05-11), Empire State Realty OP LP's share price is $9.28. Empire State Realty OP LP's Median PS Value is $17.49. Therefore, Empire State Realty OP LP's Price to Median PS Value for today is 0.53.

The historical rank and industry rank for Empire State Realty OP LP's Median PS Value or its related term are showing as below:

ESBA' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.36 Med: 0.45 Max: 0.57
Current: 0.53

During the past 13 years, the highest Price to Median PS Value of Empire State Realty OP LP was 0.57. The lowest was 0.36. And the median was 0.45.

ESBA's Price-to-Median-PS-Value is ranked better than
79.57% of 372 companies
in the REITs industry
Industry Median: 0.81 vs ESBA: 0.53

Empire State Realty OP LP Median PS Value Historical Data

The historical data trend for Empire State Realty OP LP's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Empire State Realty OP LP Median PS Value Chart

Empire State Realty OP LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Median PS Value

Get a 7-Day Free Trial

17.54

Empire State Realty OP LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Median PS Value	Get a 7-Day Free Trial															18.24	17.96	17.65	17.54	17.49

Competitive Comparison of Empire State Realty OP LP's Median PS Value

For the REIT - Office subindustry, Empire State Realty OP LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Empire State Realty OP LP's Price-to-Median-PS-Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Empire State Realty OP LP's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Empire State Realty OP LP's Price-to-Median-PS-Value falls into.

Empire State Realty OP LP Median PS Value Calculation

Empire State Realty OP LP's Median PS Value for today is calculated as

Median PS Value	=	Revenue per Share (TTM)	*	10-Year Median PS Ratio
	=	2.841	*	6.1563
	=	17.49

10-Year Median PS Ratio is 6.1563.
Empire State Realty OP LP's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.841.

Empire State Realty OP LP (ARCA:ESBA) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Empire State Realty OP LP's Price to Median PS Value for today is calculated as

Price to Median PS Value	=	Share Price	/	Median PS Value
	=	9.28	/	17.49
	=	0.53

Empire State Realty OP LP Median PS Value Related Terms

Thank you for viewing the detailed overview of Empire State Realty OP LP's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:ESBA) » Definitions » Median PS Value

Comparable Companies

Traded in Other Exchanges

OGCP:USA FISK:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.