Is EastGroup Properties Inc (EGP) overvalued? · P/E 36, rev $640.2M
EastGroup Properties Inc (EGP) is a reit - industrial company listed on NYSE.
This page asks whether EastGroup Properties Inc (EGP) looks expensive on cached numbers — not a short thesis.
Latest reported EGP revenue for 2024-12-31 was $640.2M. Net income was $227.8M. Revenue was up 12.2% from 2023-12-31 to 2024-12-31. EGP currently screens at market cap $10.62B and trailing P/E 35.9.
EGP currently screens at market cap $10.62B and trailing P/E 35.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next EGP 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the EGP stock page for the full model, not this heading.
Not investment advice.