First Industrial Realty Trust, Inc. (FR) PB Ratio: 2.97
Is First Industrial Realty Trust, Inc.’s P/B ratio high or low?
First Industrial Realty Trust, Inc.'s P/B ratio of 2.97 is in line with its 5-year average of 2.90, around the middle of its 5-year range (2.12–4.26).
6.22% above its 12-month average of 2.80.
FR PB Ratio Chart
FR Average PB Ratio Chart
FR Current vs Average PB Ratio Chart
FR PB Ratio Metrics
PB RATIO
2.97
PB RATIO AVG TTM
2.80
PB RATIO AVG 3Y
2.68
PB RATIO AVG 5Y
2.75
PB RATIO AVG 10Y
2.75
PB RATIO AVG 15Y
2.51
PB RATIO AVG 20Y
2.07
CURRENT VS TTM AVG
+6.22%
CURRENT VS 3Y AVG
+10.81%
CURRENT VS 5Y AVG
+8.02%
CURRENT VS 10Y AVG
+7.89%
CURRENT VS 15Y AVG
+18.23%
CURRENT VS 20Y AVG
+43.23%
FR Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Industrial Realty Trust, Inc. (FR) | $8.19B | 2.97 | 2.80 | 2.68 | 2.75 |
| NNN REIT, Inc. (NNN)vs › | $8.56B | 1.94 | 1.83 | 1.82 | 1.87 |
| Agree Realty Corporation (ADC)vs › | $8.80B | 1.41 | 1.40 | 1.31 | 1.34 |
| Terreno Realty Corporation (TRNO)vs › | $6.84B | 1.58 | 1.56 | 1.68 | 1.97 |
| Federal Realty Investment Trust (FRT)vs › | $10.40B | 3.15 | 2.74 | 2.79 | 2.99 |
| UDR, Inc. (UDR)vs › | $12.20B | 3.78 | 3.81 | 3.61 | 3.93 |
| Opendoor Technologies Inc. (OPEN)vs › | $3.43B | 4.49 | 5.18 | 2.85 | 2.60 |
| Regency Centers Corporation (REG)vs › | $14.08B | 2.05 | 1.97 | 1.85 | 1.84 |
| Kimco Realty Corporation (KIM)vs › | $16.44B | 1.58 | 1.42 | 1.35 | 1.37 |
| Host Hotels & Resorts, Inc. (HST)vs › | $17.13B | 2.54 | 1.93 | 1.85 | 1.88 |
P/B vs. its own history
At 2.97, P/B is richer than usual, sitting higher than 88% of its 20-year history.
20-year low
0.10
median
2.35
20-year high
4.26
Book Value Analysis
P/B Ratio
2.97
Market Price / Book Value per Share
First Industrial Realty Trust, Inc. PB Ratio Formula & Definition
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
First Industrial Realty Trust, Inc. PB Ratio FAQ
- What is the P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The P/B ratio for FR stock is 2.97.
- Is First Industrial Realty Trust, Inc.'s P/B ratio high or low?
- First Industrial Realty Trust, Inc.'s P/B ratio of 2.97 is in line with its 5-year average of 2.90, around the middle of its 5-year range (2.12–4.26).
- What is the TTM average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The TTM average P/B ratio for FR stock is 2.80.
- What is the 3Y average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The 3Y average P/B ratio for FR stock is 2.68.
- What is the 5Y average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The 5Y average P/B ratio for FR stock is 2.75.
- What is the 10Y average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The 10Y average P/B ratio for FR stock is 2.75.
- What is the 15Y average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The 15Y average P/B ratio for FR stock is 2.51.
- What is the 20Y average P/B ratio for First Industrial Realty Trust, Inc. (FR)?
- The 20Y average P/B ratio for FR stock is 2.07.
First Industrial Realty Trust, Inc. PB Ratio History
| DATE | PB RATIO |
|---|---|
| 2026-06-18 | 2.97 |
| 2026-06-17 | 2.92 |
| 2026-06-16 | 3.02 |
| 2026-06-15 | 3.04 |
| 2026-06-12 | 3.05 |
| 2026-06-11 | 3.02 |
| 2026-06-10 | 3.00 |
| 2026-06-09 | 3.02 |
| 2026-06-08 | 2.93 |
| 2026-06-05 | 2.96 |
| 2026-06-04 | 2.96 |
| 2026-06-03 | 2.90 |
| 2026-06-02 | 2.89 |
| 2026-06-01 | 2.87 |
| 2026-05-29 | 2.97 |
| 2026-05-28 | 3.01 |
| 2026-05-27 | 3.03 |
| 2026-05-26 | 3.08 |
| 2026-05-22 | 3.04 |
| 2026-05-21 | 3.00 |
| 2026-05-20 | 2.99 |
| 2026-05-19 | 2.96 |
| 2026-05-18 | 2.96 |
| 2026-05-15 | 2.92 |
| 2026-05-14 | 2.95 |
| 2026-05-13 | 2.97 |
| 2026-05-12 | 3.00 |
| 2026-05-11 | 3.00 |
| 2026-05-08 | 3.01 |
| 2026-05-07 | 3.00 |
| 2026-05-06 | 3.00 |
| 2026-05-05 | 2.97 |
| 2026-05-04 | 2.93 |
| 2026-05-01 | 2.99 |
| 2026-04-30 | 2.98 |
| 2026-04-29 | 2.95 |
| 2026-04-28 | 3.00 |
| 2026-04-27 | 2.98 |
| 2026-04-24 | 2.95 |
| 2026-04-23 | 3.12 |
| 2026-04-22 | 3.14 |
| 2026-04-21 | 3.14 |
| 2026-04-20 | 3.19 |
| 2026-04-17 | 3.16 |
| 2026-04-16 | 3.10 |
| 2026-04-15 | 3.04 |
| 2026-04-14 | 3.03 |
| 2026-04-13 | 3.00 |
| 2026-04-10 | 3.01 |
| 2026-04-09 | 3.00 |
| 2026-04-08 | 2.99 |
| 2026-04-07 | 2.93 |
| 2026-04-06 | 2.90 |
| 2026-04-02 | 2.91 |
| 2026-04-01 | 2.91 |
| 2026-03-31 | 2.87 |
| 2026-03-30 | 2.84 |
| 2026-03-27 | 2.84 |
| 2026-03-26 | 2.89 |
| 2026-03-25 | 2.89 |
| 2026-03-24 | 2.87 |
| 2026-03-23 | 2.88 |
| 2026-03-20 | 2.83 |
| 2026-03-19 | 2.92 |
| 2026-03-18 | 2.98 |
| 2026-03-17 | 3.02 |
| 2026-03-16 | 3.03 |
| 2026-03-13 | 2.98 |
| 2026-03-12 | 2.98 |
| 2026-03-11 | 3.03 |
| 2026-03-10 | 3.03 |
| 2026-03-09 | 3.00 |
| 2026-03-06 | 2.97 |
| 2026-03-05 | 3.05 |
| 2026-03-04 | 3.10 |
| 2026-03-03 | 3.11 |
| 2026-03-02 | 3.15 |
| 2026-02-27 | 3.13 |
| 2026-02-26 | 3.15 |
| 2026-02-25 | 3.10 |
| 2026-02-24 | 3.09 |
| 2026-02-23 | 3.08 |
| 2026-02-20 | 3.08 |
| 2026-02-19 | 3.01 |
| 2026-02-18 | 3.00 |
| 2026-02-17 | 2.98 |
| 2026-02-13 | 2.92 |
| 2026-02-12 | 2.88 |
| 2026-02-11 | 2.95 |
| 2026-02-10 | 3.01 |
| 2026-02-09 | 2.98 |
| 2026-02-06 | 2.99 |
| 2026-02-05 | 2.99 |
| 2026-02-04 | 2.92 |
| 2026-02-03 | 2.91 |
| 2026-02-02 | 2.87 |
| 2026-01-30 | 2.90 |
| 2026-01-29 | 2.91 |
| 2026-01-28 | 2.84 |
| 2026-01-27 | 2.87 |
| 2026-01-26 | 2.85 |
| 2026-01-23 | 2.87 |
| 2026-01-22 | 2.86 |
| 2026-01-21 | 2.93 |
| 2026-01-20 | 2.94 |
| 2026-01-16 | 2.99 |
| 2026-01-15 | 2.96 |
| 2026-01-14 | 2.96 |
| 2026-01-13 | 2.95 |
| 2026-01-12 | 2.94 |
| 2026-01-09 | 2.96 |
| 2026-01-08 | 2.94 |
| 2026-01-07 | 2.92 |
| 2026-01-06 | 2.89 |
| 2026-01-05 | 2.92 |
| 2026-01-02 | 2.89 |
| 2025-12-31 | 2.86 |
| 2025-12-30 | 2.91 |
| 2025-12-29 | 2.90 |
| 2025-12-26 | 2.91 |
| 2025-12-24 | 2.92 |
| 2025-12-23 | 2.86 |
| 2025-12-22 | 2.89 |
| 2025-12-19 | 2.90 |
| 2025-12-18 | 2.92 |
| 2025-12-17 | 2.93 |
| 2025-12-16 | 2.90 |
| 2025-12-15 | 2.92 |
| 2025-12-12 | 2.91 |
| 2025-12-11 | 2.95 |
| 2025-12-10 | 2.93 |
| 2025-12-09 | 2.86 |
| 2025-12-08 | 2.87 |
| 2025-12-05 | 2.89 |
| 2025-12-04 | 2.84 |
| 2025-12-03 | 2.80 |
| 2025-12-02 | 2.82 |
| 2025-12-01 | 2.85 |
| 2025-11-28 | 2.86 |
| 2025-11-26 | 2.87 |
| 2025-11-25 | 2.85 |
| 2025-11-24 | 2.83 |
| 2025-11-21 | 2.81 |
| 2025-11-20 | 2.76 |
| 2025-11-19 | 2.75 |
| 2025-11-18 | 2.79 |
| 2025-11-17 | 2.78 |
| 2025-11-14 | 2.79 |
| 2025-11-13 | 2.80 |
| 2025-11-12 | 2.81 |
| 2025-11-11 | 2.83 |
| 2025-11-10 | 2.80 |
| 2025-11-07 | 2.81 |
| 2025-11-06 | 2.76 |
| 2025-11-05 | 2.76 |
| 2025-11-04 | 2.75 |
| 2025-11-03 | 2.76 |
| 2025-10-31 | 2.76 |
| 2025-10-30 | 2.79 |
| 2025-10-29 | 2.78 |
| 2025-10-28 | 2.81 |
| 2025-10-27 | 2.83 |
| 2025-10-24 | 2.80 |
| 2025-10-23 | 2.78 |
| 2025-10-22 | 2.78 |
| 2025-10-21 | 2.77 |
| 2025-10-20 | 2.80 |
| 2025-10-17 | 2.75 |
| 2025-10-16 | 2.73 |
| 2025-10-15 | 2.69 |
| 2025-10-14 | 2.60 |
| 2025-10-13 | 2.58 |
| 2025-10-10 | 2.52 |
| 2025-10-09 | 2.57 |
| 2025-10-08 | 2.59 |
| 2025-10-07 | 2.59 |
| 2025-10-06 | 2.58 |
| 2025-10-03 | 2.59 |
| 2025-10-02 | 2.58 |
| 2025-10-01 | 2.61 |
| 2025-09-30 | 2.58 |
| 2025-09-29 | 2.58 |
| 2025-09-26 | 2.57 |
| 2025-09-25 | 2.56 |
| 2025-09-24 | 2.56 |
| 2025-09-23 | 2.60 |
| 2025-09-22 | 2.60 |
| 2025-09-19 | 2.59 |
| 2025-09-18 | 2.62 |
| 2025-09-17 | 2.59 |
| 2025-09-16 | 2.61 |
| 2025-09-15 | 2.60 |
| 2025-09-12 | 2.61 |
| 2025-09-11 | 2.64 |
| 2025-09-10 | 2.56 |
| 2025-09-09 | 2.57 |
| 2025-09-08 | 2.61 |
| 2025-09-05 | 2.62 |
| 2025-09-04 | 2.61 |
| 2025-09-03 | 2.60 |
| 2025-09-02 | 2.57 |
| 2025-08-29 | 2.63 |
| 2025-08-28 | 2.62 |
| 2025-08-27 | 2.63 |
| 2025-08-26 | 2.56 |
| 2025-08-25 | 2.57 |
| 2025-08-22 | 2.58 |
| 2025-08-21 | 2.48 |
| 2025-08-20 | 2.50 |
| 2025-08-19 | 2.53 |
| 2025-08-18 | 2.43 |
| 2025-08-15 | 2.45 |
| 2025-08-14 | 2.43 |
| 2025-08-13 | 2.46 |
| 2025-08-12 | 2.42 |
| 2025-08-11 | 2.38 |
| 2025-08-08 | 2.41 |
| 2025-08-07 | 2.42 |
| 2025-08-06 | 2.41 |
| 2025-08-05 | 2.44 |
| 2025-08-04 | 2.41 |
| 2025-08-01 | 2.40 |
| 2025-07-31 | 2.44 |
| 2025-07-30 | 2.47 |
| 2025-07-29 | 2.51 |
| 2025-07-28 | 2.44 |
| 2025-07-25 | 2.50 |
| 2025-07-24 | 2.51 |
| 2025-07-23 | 2.56 |
| 2025-07-22 | 2.53 |
| 2025-07-21 | 2.50 |
| 2025-07-18 | 2.50 |
| 2025-07-17 | 2.47 |
| 2025-07-16 | 2.46 |
| 2025-07-15 | 2.45 |
| 2025-07-14 | 2.49 |
| 2025-07-11 | 2.47 |
| 2025-07-10 | 2.45 |
| 2025-07-09 | 2.41 |
| 2025-07-08 | 2.43 |
| 2025-07-07 | 2.43 |
| 2025-07-03 | 2.46 |
| 2025-07-02 | 2.47 |
| 2025-07-01 | 2.42 |
| 2025-06-30 | 2.41 |
| 2025-06-27 | 2.45 |
| 2025-06-26 | 2.45 |
| 2025-06-25 | 2.43 |
| 2025-06-24 | 2.52 |
| 2025-06-23 | 2.50 |
| 2025-06-20 | 2.46 |
| 2025-06-18 | 2.46 |
| 2025-06-17 | 2.44 |
| 2025-06-16 | 2.45 |
| 2025-06-13 | 2.47 |
| 2025-06-12 | 2.48 |
| 2025-06-11 | 2.48 |
| 2025-06-10 | 2.49 |
| 2025-06-09 | 2.49 |
| 2025-06-06 | 2.48 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
Related Metrics
About First Industrial Realty Trust, Inc.
First Industrial Realty Trust, Inc. (NYSE: FR) is a preeminent, fully integrated real estate firm specializing in the ownership, operation, and development of industrial properties. The company is recognized for its consistent delivery of market-leading customer service to a diverse clientele, encompassing both global corporations and regional businesses. Operating in significant markets throughout the United States, First Industrial's localized teams skillfully acquire, divest, manage, lease, and either develop new or redevelop existing industrial assets. These assets include large-scale distribution centers, regional logistics facilities, light industrial spaces, and other types of industrial properties. As of September 30, 2020, their combined portfolio of owned and actively developed industrial space amounted to roughly 64.1 million square feet.
- Sector
- Real Estate
- Industry
- REIT - Industrial
- CEO
- Peter E. Baccile