ALX Historical PE Ratio Notes

— Alexander’s, Inc. (ticker symbol: ALX) is a real estate investment trust (REIT) focused primarily on leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area, with a particular emphasis on retail and office assets. Its most valuable asset is the iconic 731 Lexington Avenue building in Manhattan, which is co-owned with Vornado Realty Trust. As you prepare to review historical price, earnings, and P/E ratio charts for ALX, it’s important to recognize that the company’s financial performance & resulting P/E ratios are heavily influenced by factors specific to the commercial real estate sector: rental income stability, property valuations, interest rates, and regional economic cycles. Periods of rising property values and strong occupancy tend to boost earnings, which can lower P/E ratios if the stock price does not rise proportionally. Conversely, adverse events such as tenant bankruptcies, real estate downturns, or interest rate shocks may depress earnings, often causing spikes in the P/E ratio. Because ALX has a small portfolio concentrated in high-value urban properties, its reported earnings & P/E ratios can also display more volatility than more diversified REITs. This context will help you interpret the historical data you encounter.

On this page we presented the ALX Historical PE Ratio information for Alexander's' stock. The average ALX historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 17.4. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average ALX historical PE based on this TTM earnings result method is 16.9.

Let's now compare this ALX historical PE result, against the recent PE: when this page was posted on 5/6/2026, the most recent closing price for ALX had been 253.98, and the most recent quarterly earnings result, annualized, was 10.4. Meanwhile, the most recent TTM earnings summed to 10.82. From these numbers, we calculate the recent ALX PE on 5/6/2026 based on annualized quarterly EPS was 24.4. Based on ALX's history, that recent PE is elevated relative to the historical average, with the recent PE 40.2% higher than the historical average PE across our data set for Alexander's. Looking at the recent ALX PE on 5/6/2026 based on TTM EPS, we calculate the ratio at 23.5. Based on ALX's history, that recent PE is elevated relative to the historical average, with the recent PE 39.1% higher than the historical average PE across our Alexander's data set with TTM EPS used in the calculation at each period.

Another interesting ALX historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for ALX, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for ALX, we start with the past four EPS numbers and we first sort them from lowest to highest: 2.43, 2.60, 2.88, and 2.91. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.60 and 2.88 — which gives us the median of 2.74. Basically the way to think about this 2.74 number is this: for the trailing four earnings reports, 2.74 marks the "middle ground" number where ALX has reported a value higher than 2.74 half the time, and has reported a value lower than 2.74 half the time. Annualizing that median value then gets us to 10.96/share, which we use as the denominator in our next PE calculation. With 253.98 as the numerator (as of 5/6/2026), the calculation is then 253.98 / 10.96 = 23.2 as the ALX PE ratio as of 5/6/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on ALX or any other given stock, valuation analysis for ALX can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Alexander's PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for ALX. Thanks for visiting, and the next time you need to research ALX Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.