Elme Communities

NYSE:ELME USA REIT - Residential
Market Cap
$185.80 Million
Market Cap Rank
#16157 Global
#6255 in USA
Share Price
$2.09
Change (1 day)
+0.00%
52-Week Range
$2.06 - $17.55
All Time High
$26.05
About

Elme Communities is committed to elevating what home can be for middle-income renters by providing a higher level of quality, service, and experience. The Company is a multifamily real estate investment trust that owns and operates approximately 9,400 apartment homes in the Washington, DC metro and the Atlanta metro regions, and owns approximately 300,000 square feet of commercial space.

Market Cap & Net Worth: Elme Communities (ELME)

Elme Communities (NYSE:ELME) has a market capitalization of $185.80 Million ($185.80 Million) as of March 19, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #16157 globally and #6255 in its home market, demonstrating a -2.79% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Elme Communities's stock price $2.09 by its total outstanding shares 88900000 (88.90 Million).

Elme Communities Market Cap History: 2015 to 2026

Elme Communities's market capitalization history from 2015 to 2026. Data shows change from $1.66 Billion to $185.80 Million (-18.95% CAGR).

Index Memberships

Elme Communities is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P Small-Cap 600 Index
SML
$1.36 Trillion 0.12% #560 of 602

Weight: Elme Communities's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Elme Communities Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Elme Communities's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

5.61x

Elme Communities's market cap is 5.61 times its annual revenue

Industry average:
6.59x
Lower than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero earnings

What These Ratios Tell Investors:
  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $1.66 Billion $306.43 Million $89.74 Million 5.42x 18.52x
2016 $2.09 Billion $313.26 Million $119.34 Million 6.67x 17.51x
2017 $2.07 Billion $325.08 Million $19.67 Million 6.35x 105.00x
2018 $1.59 Billion $336.89 Million $25.63 Million 4.73x 62.19x
2019 $2.11 Billion $176.75 Million $383.55 Million 11.94x 5.50x
2020 $1.65 Billion $176.00 Million -$15.68 Million 9.37x N/A
2021 $2.05 Billion $169.15 Million -$21.79 Million 12.11x N/A
2022 $1.46 Billion $209.38 Million -$30.87 Million 6.96x N/A
2023 $1.25 Billion $227.91 Million -$52.98 Million 5.50x N/A
2024 $1.36 Billion $241.94 Million -$13.10 Million 5.61x N/A

Competitor Companies of ELME by Market Capitalization

Companies near Elme Communities in the global market cap rankings as of March 19, 2026.

Key companies related to Elme Communities by market ranking:

  • AvalonBay Communities Inc (NYSE:AVB): Ranked #877 globally with a market cap of $22.59 Billion USD.
  • Equity Residential (NYSE:EQR): Ranked #938 globally with a market cap of $20.74 Billion USD.
  • Sun Communities Inc (NYSE:SUI): Ranked #1153 globally with a market cap of $16.50 Billion USD.
  • Essex Property Trust Inc (NYSE:ESS): Ranked #1182 globally with a market cap of $16.02 Billion USD.

Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#877 AvalonBay Communities Inc NYSE:AVB $22.59 Billion $170.57
#938 Equity Residential NYSE:EQR $20.74 Billion $61.02
#1153 Sun Communities Inc NYSE:SUI $16.50 Billion $135.27
#1182 Essex Property Trust Inc NYSE:ESS $16.02 Billion $251.06

Elme Communities Historical Marketcap From 2015 to 2026

Between 2015 and today, Elme Communities's market cap moved from $1.66 Billion to $ 185.80 Million, with a yearly change of -18.95%.

Year Market Cap Change (%)
2026 $185.80 Million -87.99%
2025 $1.55 Billion +13.95%
2024 $1.36 Billion +8.38%
2023 $1.25 Billion -14.09%
2022 $1.46 Billion -28.84%
2021 $2.05 Billion +24.26%
2020 $1.65 Billion -21.88%
2019 $2.11 Billion +32.42%
2018 $1.59 Billion -22.82%
2017 $2.07 Billion -1.18%
2016 $2.09 Billion +25.73%
2015 $1.66 Billion --

End of Day Market Cap According to Different Sources

On Mar 18th, 2026 the market cap of Elme Communities was reported to be:

Source Market Cap
Yahoo Finance $185.80 Million USD
MoneyControl $185.80 Million USD
MarketWatch $185.80 Million USD
marketcap.company $185.80 Million USD
Reuters $185.80 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.