Elme Communities (NYSE:ELME) — Market Cap & Net Worth
Market Cap & Net Worth: Elme Communities (ELME)
Elme Communities (NYSE:ELME) has a market capitalization of $143.95 Million ($143.95 Million) as of September 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #17895 globally and #4209 in its home market, demonstrating a -2.98% 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 $1.63 by its total outstanding shares 88857883 (88.86 Million). Also see ELME current and non-current assets for a full breakdown of the balance sheet.
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 $144.84 Million (-20.00% CAGR). Also see Elme Communities cash flow conversion for how efficiently the company converts equity into cash flow.
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
|
$1.61 Trillion | 0.12% | #578 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. Check Elme Communities stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
5.61x
Elme Communities's market cap is 5.61 times its annual revenue
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 |
|---|---|---|---|---|---|
| 2016 | $2.09 Billion | $313.26 Million | $119.34 Million | 6.67x | 17.50x |
| 2017 | $2.06 Billion | $325.08 Million | $19.67 Million | 6.35x | 104.95x |
| 2018 | $1.59 Billion | $336.89 Million | $25.63 Million | 4.73x | 62.16x |
| 2019 | $2.11 Billion | $176.75 Million | $383.55 Million | 11.94x | 5.50x |
| 2020 | $1.65 Billion | $176.00 Million | -$15.68 Million | 9.36x | 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 | 5.49x | 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 September 18, 2026. Review Elme Communities tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Elme Communities by market ranking:
- Equity Residential (NYSE:EQR): Ranked #1086 globally with a market cap of $24.61 Billion USD.
- Essex Property Trust Inc (NYSE:ESS): Ranked #1455 globally with a market cap of $17.44 Billion USD.
- Invitation Homes Inc (NYSE:INVH): Ranked #1537 globally with a market cap of $16.16 Billion USD.
- Mid-America Apartment Communities Inc (NYSE:MAA): Ranked #1702 globally with a market cap of $14.19 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1086 | Equity Residential | NYSE:EQR | $24.61 Billion | $68.14 |
| #1455 | Essex Property Trust Inc | NYSE:ESS | $17.44 Billion | $271.34 |
| #1537 | Invitation Homes Inc | NYSE:INVH | $16.16 Billion | $27.21 |
| #1702 | Mid-America Apartment Communities Inc | NYSE:MAA | $14.19 Billion | $121.90 |
Elme Communities Historical Marketcap From 2015 to 2026
Between 2015 and today, Elme Communities's market cap moved from $1.66 Billion to $ 144.84 Million, with a yearly change of -20.00%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $144.84 Million | -90.63% |
| 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 | $2.06 Billion | -1.18% |
| 2016 | $2.09 Billion | +25.73% |
| 2015 | $1.66 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Elme Communities was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $143.95 Million USD |
| MoneyControl | $143.95 Million USD |
| MarketWatch | $143.95 Million USD |
| marketcap.company | $143.95 Million USD |
| Reuters | $143.95 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Elme Communities
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. Elme Com… Read more