Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
The P/E ratio is 36.83 as of 2026-09-17T00:15:21.661Z.
Calculation as of: 2026-09-17T00:15:21.661Z.
Quote observation: 2026-09-16T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f3f05a36644c0139871627640b10922346ba9c50f3f36b575df18ed48b0c902b
PE Ratio (36.83) = Close Price ($68.50) / Diluted TTM EPS ($1.86)
PE RATIO
36.83
PE RATIO AVG TTM
42.06
PE RATIO AVG 3Y
39.58
PE RATIO AVG 5Y
39.01
PE RATIO AVG 10Y
35.51
PE RATIO AVG 15Y
30.95
PE RATIO AVG 20Y
26.36
CURRENT VS TTM AVG
-12.44%
CURRENT VS 3Y AVG
-6.96%
CURRENT VS 5Y AVG
-5.59%
CURRENT VS 10Y AVG
+3.72%
CURRENT VS 15Y AVG
+19.01%
CURRENT VS 20Y AVG
+39.70%
SECTOR MEDIAN · REAL ESTATE
29.76
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+23.76%
vs the sector median at left
Market Cap
$8.14B
PE Ratio
22.41
TTM Avg
28.36
3Y Avg
25.28
5Y Avg
24.73
Market Cap
$9.33B
PE Ratio
N/A
TTM Avg
89.61
3Y Avg
81.77
5Y Avg
64.23
Market Cap
$9.71B
PE Ratio
22.39
TTM Avg
23.13
3Y Avg
28.04
5Y Avg
29.37
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $8.23B | 36.83 | 42.06 | 39.58 | 39.01 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.14B | 22.41 | 28.36 | 25.28 | 24.73 |
| NNN REIT, Inc. (NNN)vs › | $7.92B | 20.42 | 21.07 | 20.04 | 22.66 |
| CubeSmart (CUBE)vs › | $8.99B | 27.37 | 26.16 | 25.74 | 35.04 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $9.33B | N/A | 89.61 | 81.77 | 64.23 |
| Terreno Realty Corporation (TRNO)vs › | $6.97B | 17.64 | 18.58 | 27.83 | 34.80 |
| Federal Realty Investment Trust (FRT)vs › | $9.71B | 22.39 | 23.13 | 28.04 | 29.37 |
| Camden Property Trust (CPT)vs › | $10.18B | 33.65 | 41.27 | 47.80 | 49.44 |
| BXP, Inc. (BXP)vs › | $10.21B | 34.43 | 606.75 | 347.80 | 205.30 |
| UDR, Inc. (UDR)vs › | $11.05B | 21.91 | 54.23 | 70.75 | 104.40 |
At 36.8, P/E is above its 20-year median — higher than 74% of readings in its 20-year history.
20-year low
4.5
median
24.8
20-year high
78.4
Trailing P/E
36.8
Forward P/E
36.1
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$68.50
Forward EPS (Est.)
$1.90
Forward P/E
36.07
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 38.30 |
| 2026-09-10 | 38.44 |
| 2026-09-09 | 39.03 |
| 2026-09-08 | 39.13 |
| 2026-09-04 | 39.04 |
| 2026-09-03 | 39.10 |
| 2026-09-02 | 39.05 |
| 2026-09-01 | 38.98 |
| 2026-08-31 | 38.84 |
| 2026-08-28 | 39.35 |
| 2026-08-27 | 39.35 |
| 2026-08-26 | 39.61 |
| 2026-08-25 | 39.96 |
| 2026-08-24 | 40.10 |
| 2026-08-21 | 39.72 |
| 2026-08-20 | 40.03 |
| 2026-08-19 | 39.99 |
| 2026-08-18 | 39.90 |
| 2026-08-17 | 40.08 |
| 2026-08-14 | 40.18 |
| 2026-08-13 | 40.38 |
| 2026-08-12 | 39.98 |
| 2026-08-11 | 39.46 |
| 2026-08-10 | 39.86 |
| 2026-08-07 | 40.66 |
| 2026-08-06 | 41.05 |
| 2026-08-05 | 40.90 |
| 2026-08-04 | 41.03 |
| 2026-08-03 | 41.35 |
| 2026-07-31 | 41.83 |
| 2026-07-30 | 42.16 |
| 2026-07-29 | 43.22 |
| 2026-07-28 | 43.61 |
| 2026-07-27 | 43.25 |
| 2026-07-24 | 43.35 |
| 2026-07-23 | 42.91 |
| 2026-07-22 | 43.13 |
| 2026-07-21 | 43.15 |
| 2026-07-20 | 43.32 |
| 2026-07-17 | 43.61 |
| 2026-07-16 | 43.41 |
| 2026-07-15 | 41.74 |
| 2026-07-14 | 41.93 |
| 2026-07-13 | 42.27 |
| 2026-07-10 | 41.91 |
| 2026-07-09 | 41.85 |
| 2026-07-08 | 41.89 |
| 2026-07-07 | 42.15 |
| 2026-07-06 | 41.49 |
| 2026-07-02 | 41.83 |
| 2026-07-01 | 41.01 |
| 2026-06-30 | 40.72 |
| 2026-06-29 | 41.36 |
| 2026-06-26 | 41.41 |
| 2026-06-25 | 40.85 |
| 2026-06-24 | 40.49 |
| 2026-06-23 | 39.98 |
| 2026-06-22 | 39.46 |
| 2026-06-18 | 39.38 |
| 2026-06-17 | 39.68 |
| 2026-06-16 | 40.18 |
| 2026-06-15 | 40.04 |
| 2026-06-12 | 40.77 |
| 2026-06-11 | 40.20 |
| 2026-06-10 | 40.61 |
| 2026-06-09 | 40.08 |
| 2026-06-08 | 39.38 |
| 2026-06-05 | 39.47 |
| 2026-06-04 | 38.83 |
| 2026-06-03 | 38.73 |
| 2026-06-02 | 39.08 |
| 2026-06-01 | 38.96 |
| 2026-05-29 | 39.87 |
| 2026-05-28 | 40.08 |
| 2026-05-27 | 40.27 |
| 2026-05-26 | 40.60 |
| 2026-05-22 | 40.57 |
| 2026-05-21 | 40.69 |
| 2026-05-20 | 40.61 |
| 2026-05-19 | 40.65 |
| 2026-05-18 | 40.74 |
| 2026-05-15 | 40.03 |
| 2026-05-14 | 40.47 |
| 2026-05-13 | 40.41 |
| 2026-05-12 | 41.15 |
| 2026-05-11 | 41.07 |
| 2026-05-08 | 40.98 |
| 2026-05-07 | 41.04 |
| 2026-05-06 | 41.13 |
| 2026-05-05 | 40.83 |
| 2026-05-04 | 40.86 |
| 2026-05-01 | 41.05 |
| 2026-04-30 | 41.46 |
| 2026-04-29 | 41.05 |
| 2026-04-28 | 41.32 |
| 2026-04-27 | 40.85 |
| 2026-04-24 | 41.23 |
| 2026-04-23 | 41.53 |
| 2026-04-22 | 41.22 |
| 2026-04-21 | 44.30 |
| 2026-04-20 | 44.70 |
| 2026-04-17 | 44.64 |
| 2026-04-16 | 44.34 |
| 2026-04-15 | 43.83 |
| 2026-04-14 | 43.71 |
| 2026-04-13 | 43.56 |
| 2026-04-10 | 43.92 |
| 2026-04-09 | 43.80 |
| 2026-04-08 | 43.12 |
| 2026-04-07 | 42.95 |
| 2026-04-06 | 42.43 |
| 2026-04-02 | 43.04 |
| 2026-04-01 | 42.61 |
| 2026-03-31 | 42.35 |
| 2026-03-30 | 42.12 |
| 2026-03-27 | 41.80 |
| 2026-03-26 | 41.80 |
| 2026-03-25 | 41.70 |
| 2026-03-24 | 42.27 |
| 2026-03-23 | 42.54 |
| 2026-03-20 | 42.78 |
| 2026-03-19 | 44.20 |
| 2026-03-18 | 44.42 |
| 2026-03-17 | 44.97 |
| 2026-03-16 | 44.83 |
| 2026-03-13 | 44.49 |
| 2026-03-12 | 44.75 |
| 2026-03-11 | 44.86 |
| 2026-03-10 | 45.22 |
| 2026-03-09 | 45.54 |
| 2026-03-06 | 45.70 |
| 2026-03-05 | 45.52 |
| 2026-03-04 | 45.97 |
| 2026-03-03 | 46.02 |
| 2026-03-02 | 45.58 |
| 2026-02-27 | 45.21 |
| 2026-02-26 | 44.82 |
| 2026-02-25 | 44.70 |
| 2026-02-24 | 44.53 |
| 2026-02-23 | 44.56 |
| 2026-02-20 | 43.96 |
| 2026-02-19 | 43.33 |
| 2026-02-18 | 43.08 |
| 2026-02-17 | 44.48 |
| 2026-02-13 | 43.87 |
| 2026-02-12 | 43.02 |
| 2026-02-11 | 43.12 |
| 2026-02-10 | 44.48 |
| 2026-02-09 | 43.78 |
| 2026-02-06 | 43.45 |
| 2026-02-05 | 44.26 |
| 2026-02-04 | 42.96 |
| 2026-02-03 | 41.98 |
| 2026-02-02 | 41.30 |
| 2026-01-30 | 41.99 |
| 2026-01-29 | 41.84 |
| 2026-01-28 | 41.33 |
| 2026-01-27 | 42.31 |
| 2026-01-26 | 42.24 |
| 2026-01-23 | 42.18 |
| 2026-01-22 | 41.88 |
| 2026-01-21 | 41.97 |
| 2026-01-20 | 42.55 |
| 2026-01-16 | 42.55 |
| 2026-01-15 | 41.87 |
| 2026-01-14 | 42.04 |
| 2026-01-13 | 41.52 |
| 2026-01-12 | 41.50 |
| 2026-01-09 | 40.99 |
| 2026-01-08 | 41.17 |
| 2026-01-07 | 40.97 |
| 2026-01-06 | 40.98 |
| 2026-01-05 | 41.76 |
| 2026-01-02 | 41.93 |
| 2025-12-31 | 41.88 |
| 2025-12-30 | 42.35 |
| 2025-12-29 | 42.19 |
| 2025-12-26 | 42.09 |
| 2025-12-24 | 42.09 |
| 2025-12-23 | 41.88 |
| 2025-12-22 | 42.05 |
| 2025-12-19 | 41.92 |
| 2025-12-18 | 42.08 |
| 2025-12-17 | 41.96 |
| 2025-12-16 | 41.31 |
| 2025-12-15 | 41.77 |
| 2025-12-12 | 41.72 |
| 2025-12-11 | 41.43 |
| 2025-12-10 | 41.43 |
| 2025-12-09 | 41.45 |
| 2025-12-08 | 42.26 |
| 2025-12-05 | 42.97 |
| 2025-12-04 | 43.24 |
| 2025-12-03 | 43.30 |
| 2025-12-02 | 43.11 |
| 2025-12-01 | 43.40 |
| 2025-11-28 | 43.73 |
| 2025-11-26 | 43.69 |
| 2025-11-25 | 43.66 |
| 2025-11-24 | 43.22 |
| 2025-11-21 | 43.33 |
| 2025-11-20 | 42.84 |
| 2025-11-19 | 42.59 |
| 2025-11-18 | 42.97 |
| 2025-11-17 | 42.92 |
| 2025-11-14 | 42.90 |
| 2025-11-13 | 42.85 |
| 2025-11-12 | 42.64 |
| 2025-11-11 | 42.89 |
| 2025-11-10 | 42.69 |
| 2025-11-07 | 42.68 |
| 2025-11-06 | 42.16 |
| 2025-11-05 | 42.12 |
| 2025-11-04 | 42.06 |
| 2025-11-03 | 42.45 |
| 2025-10-31 | 42.45 |
| 2025-10-30 | 42.37 |
| 2025-10-29 | 42.49 |
| 2025-10-28 | 43.05 |
| 2025-10-27 | 43.58 |
| 2025-10-24 | 43.49 |
| 2025-10-23 | 43.69 |
| 2025-10-22 | 43.69 |
| 2025-10-21 | 44.38 |
| 2025-10-20 | 44.83 |
| 2025-10-17 | 44.41 |
| 2025-10-16 | 44.11 |
| 2025-10-15 | 43.64 |
| 2025-10-14 | 43.28 |
| 2025-10-13 | 43.01 |
| 2025-10-10 | 42.66 |
| 2025-10-09 | 41.78 |
| 2025-10-08 | 41.73 |
| 2025-10-07 | 41.69 |
| 2025-10-06 | 41.55 |
| 2025-10-03 | 41.76 |
| 2025-10-02 | 41.83 |
| 2025-10-01 | 42.44 |
| 2025-09-30 | 42.04 |
| 2025-09-29 | 41.73 |
| 2025-09-26 | 42.17 |
| 2025-09-25 | 41.76 |
| 2025-09-24 | 41.82 |
| 2025-09-23 | 42.27 |
| 2025-09-22 | 41.93 |
| 2025-09-19 | 42.14 |
| 2025-09-18 | 42.33 |
| 2025-09-17 | 42.59 |
| 2025-09-16 | 42.64 |
| 2025-09-15 | 43.17 |
| 2025-09-12 | 43.25 |
| 2025-09-11 | 43.63 |
| 2025-09-10 | 42.59 |
| 2025-09-09 | 42.79 |
| 2025-09-08 | 42.97 |
| 2025-09-05 | 43.22 |
| 2025-09-04 | 42.60 |
| 2025-09-03 | 42.54 |
| 2025-09-02 | 42.72 |
| 2025-08-29 | 43.04 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.