Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.
P/B ratio for Elme Communities (ELME)
P/B ratio as of 2023: 1.11
According to Elme Communities's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.11. At the end of 2022 the company had a P/B ratio of 1.23.
P/B ratio history for Elme Communities from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.11 |
| 2022 | 1.23 |
| 2021 | 1.66 |
| 2020 | 1.35 |
| 2019 | 1.66 |
| 2018 | 1.70 |
| 2017 | 2.11 |
| 2016 | 2.24 |
| 2015 | 2.21 |
| 2014 | 2.25 |
| 2013 | 2.06 |
| 2012 | 2.19 |
| 2011 | 2.10 |
| 2010 | 2.25 |
| 2009 | 2.10 |
| 2008 | 2.22 |
| 2007 | 2.96 |
| 2006 | 3.95 |
| 2005 | 3.36 |
| 2004 | 3.85 |
| 2003 | 3.03 |
| 2002 | 3.05 |
| 2001 | 2.87 |
| 2000 | 3.13 |
| 1999 | 2.08 |
| 1998 | 2.62 |
| 1997 | 2.22 |
| 1996 | 2.84 |
| 1995 | 2.36 |
| 1994 | 2.94 |
| 1993 | 3.69 |
| 1992 | 3.40 |
| 1991 | 3.62 |
| 1990 | 2.88 |
| 1989 | 3.05 |
| 1988 | 4.71 |
| 1987 | 0.00 |
| 1986 | 3.17 |
| 1985 | 2.31 |