Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
The P/E ratio is 21.79 as of Tuesday, September 8, 2026.
PE Ratio (21.79) = Close Price ($44.13) / Diluted TTM EPS ($2.03)
PE RATIO
21.79
PE RATIO AVG TTM
21.06
PE RATIO AVG 3Y
19.98
PE RATIO AVG 5Y
22.34
PE RATIO AVG 10Y
27.03
PE RATIO AVG 15Y
28.50
PE RATIO AVG 20Y
25.58
CURRENT VS TTM AVG
+3.45%
CURRENT VS 3Y AVG
+9.04%
CURRENT VS 5Y AVG
-2.48%
CURRENT VS 10Y AVG
-19.40%
CURRENT VS 15Y AVG
-23.55%
CURRENT VS 20Y AVG
-14.80%
SECTOR MEDIAN · REAL ESTATE
30.84
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-29.35%
vs the sector median at left
Market Cap
$8.08B
PE Ratio
22.53
TTM Avg
28.36
3Y Avg
25.28
5Y Avg
24.74
Market Cap
$8.77B
PE Ratio
N/A
TTM Avg
90.14
3Y Avg
81.69
5Y Avg
64.24
Market Cap
$9.95B
PE Ratio
23.36
TTM Avg
23.12
3Y Avg
28.04
5Y Avg
29.43
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.40B | 21.79 | 21.06 | 19.98 | 22.34 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.08B | 22.53 | 28.36 | 25.28 | 24.74 |
| Agree Realty Corporation (ADC)vs › | $8.72B | 39.13 | 42.10 | 39.58 | 39.02 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.77B | N/A | 90.14 | 81.69 | 64.24 |
| CubeSmart (CUBE)vs › | $8.81B | 27.35 | 26.15 | 25.74 | 35.10 |
| Terreno Realty Corporation (TRNO)vs › | $6.93B | 17.76 | 18.57 | 27.83 | 34.81 |
| Federal Realty Investment Trust (FRT)vs › | $9.95B | 23.36 | 23.12 | 28.04 | 29.43 |
| BXP, Inc. (BXP)vs › | $10.25B | 35.34 | 634.53 | 348.53 | 205.20 |
| Camden Property Trust (CPT)vs › | $10.47B | 34.79 | 41.64 | 47.85 | 49.59 |
| UDR, Inc. (UDR)vs › | $11.37B | 23.00 | 54.25 | 70.76 | 119.35 |
At 21.8, P/E is below its 20-year median — higher than 32% of readings in its 20-year history.
20-year low
6.5
median
28.1
20-year high
76.9
Trailing P/E
21.8
Forward P/E
21.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$44.13
Forward EPS (Est.)
$2.05
Forward P/E
21.64
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 |
|---|---|
| 2026-09-08 | 21.79 |
| 2026-09-04 | 21.88 |
| 2026-09-03 | 22.15 |
| 2026-09-02 | 22.09 |
| 2026-09-01 | 22.18 |
| 2026-08-31 | 22.16 |
| 2026-08-28 | 22.39 |
| 2026-08-27 | 22.22 |
| 2026-08-26 | 22.38 |
| 2026-08-25 | 22.61 |
| 2026-08-24 | 22.72 |
| 2026-08-21 | 22.47 |
| 2026-08-20 | 22.59 |
| 2026-08-19 | 22.67 |
| 2026-08-18 | 22.47 |
| 2026-08-17 | 22.63 |
| 2026-08-14 | 22.55 |
| 2026-08-13 | 22.67 |
| 2026-08-12 | 22.46 |
| 2026-08-11 | 22.24 |
| 2026-08-10 | 22.48 |
| 2026-08-07 | 22.96 |
| 2026-08-06 | 23.04 |
| 2026-08-05 | 23.22 |
| 2026-08-04 | 22.90 |
| 2026-08-03 | 23.05 |
| 2026-07-31 | 23.07 |
| 2026-07-30 | 23.37 |
| 2026-07-29 | 23.71 |
| 2026-07-28 | 23.90 |
| 2026-07-27 | 23.89 |
| 2026-07-24 | 23.97 |
| 2026-07-23 | 23.61 |
| 2026-07-22 | 23.77 |
| 2026-07-21 | 23.81 |
| 2026-07-20 | 23.75 |
| 2026-07-17 | 24.07 |
| 2026-07-16 | 23.89 |
| 2026-07-15 | 23.02 |
| 2026-07-14 | 22.99 |
| 2026-07-13 | 22.99 |
| 2026-07-10 | 22.70 |
| 2026-07-09 | 22.58 |
| 2026-07-08 | 22.76 |
| 2026-07-07 | 23.03 |
| 2026-07-06 | 22.80 |
| 2026-07-02 | 23.07 |
| 2026-07-01 | 22.61 |
| 2026-06-30 | 22.59 |
| 2026-06-29 | 22.98 |
| 2026-06-26 | 23.04 |
| 2026-06-25 | 22.51 |
| 2026-06-24 | 22.58 |
| 2026-06-23 | 22.34 |
| 2026-06-22 | 21.92 |
| 2026-06-18 | 21.84 |
| 2026-06-17 | 21.91 |
| 2026-06-16 | 22.41 |
| 2026-06-15 | 22.30 |
| 2026-06-12 | 22.62 |
| 2026-06-11 | 22.38 |
| 2026-06-10 | 22.48 |
| 2026-06-09 | 22.33 |
| 2026-06-08 | 21.85 |
| 2026-06-05 | 21.83 |
| 2026-06-04 | 21.35 |
| 2026-06-03 | 21.45 |
| 2026-06-02 | 21.27 |
| 2026-06-01 | 20.98 |
| 2026-05-29 | 21.61 |
| 2026-05-28 | 21.77 |
| 2026-05-27 | 21.77 |
| 2026-05-26 | 21.87 |
| 2026-05-22 | 21.84 |
| 2026-05-21 | 21.83 |
| 2026-05-20 | 21.99 |
| 2026-05-19 | 21.77 |
| 2026-05-18 | 21.52 |
| 2026-05-15 | 21.22 |
| 2026-05-14 | 21.23 |
| 2026-05-13 | 21.34 |
| 2026-05-12 | 21.60 |
| 2026-05-11 | 21.50 |
| 2026-05-08 | 21.53 |
| 2026-05-07 | 21.61 |
| 2026-05-06 | 21.70 |
| 2026-05-05 | 21.56 |
| 2026-05-04 | 21.39 |
| 2026-05-01 | 21.33 |
| 2026-04-30 | 21.26 |
| 2026-04-29 | 21.02 |
| 2026-04-28 | 21.28 |
| 2026-04-27 | 21.07 |
| 2026-04-24 | 21.19 |
| 2026-04-23 | 21.39 |
| 2026-04-22 | 21.07 |
| 2026-04-21 | 21.44 |
| 2026-04-20 | 21.79 |
| 2026-04-17 | 21.81 |
| 2026-04-16 | 21.61 |
| 2026-04-15 | 21.40 |
| 2026-04-14 | 21.29 |
| 2026-04-13 | 21.14 |
| 2026-04-10 | 21.30 |
| 2026-04-09 | 21.26 |
| 2026-04-08 | 21.04 |
| 2026-04-07 | 20.90 |
| 2026-04-06 | 20.53 |
| 2026-04-02 | 20.66 |
| 2026-04-01 | 20.51 |
| 2026-03-31 | 20.30 |
| 2026-03-30 | 20.24 |
| 2026-03-27 | 20.26 |
| 2026-03-26 | 20.34 |
| 2026-03-25 | 20.29 |
| 2026-03-24 | 20.46 |
| 2026-03-23 | 20.54 |
| 2026-03-20 | 20.51 |
| 2026-03-19 | 21.37 |
| 2026-03-18 | 21.45 |
| 2026-03-17 | 21.77 |
| 2026-03-16 | 21.85 |
| 2026-03-13 | 21.74 |
| 2026-03-12 | 21.71 |
| 2026-03-11 | 21.79 |
| 2026-03-10 | 21.88 |
| 2026-03-09 | 21.96 |
| 2026-03-06 | 21.80 |
| 2026-03-05 | 21.74 |
| 2026-03-04 | 21.74 |
| 2026-03-03 | 21.95 |
| 2026-03-02 | 22.14 |
| 2026-02-27 | 21.89 |
| 2026-02-26 | 21.73 |
| 2026-02-25 | 21.44 |
| 2026-02-24 | 21.50 |
| 2026-02-23 | 21.53 |
| 2026-02-20 | 21.43 |
| 2026-02-19 | 21.24 |
| 2026-02-18 | 21.05 |
| 2026-02-17 | 21.64 |
| 2026-02-13 | 21.42 |
| 2026-02-12 | 21.08 |
| 2026-02-11 | 20.81 |
| 2026-02-10 | 20.82 |
| 2026-02-09 | 20.60 |
| 2026-02-06 | 20.63 |
| 2026-02-05 | 20.62 |
| 2026-02-04 | 20.28 |
| 2026-02-03 | 20.15 |
| 2026-02-02 | 19.93 |
| 2026-01-30 | 20.03 |
| 2026-01-29 | 20.11 |
| 2026-01-28 | 19.89 |
| 2026-01-27 | 20.27 |
| 2026-01-26 | 20.28 |
| 2026-01-23 | 20.32 |
| 2026-01-22 | 20.25 |
| 2026-01-21 | 20.54 |
| 2026-01-20 | 20.52 |
| 2026-01-16 | 20.50 |
| 2026-01-15 | 20.29 |
| 2026-01-14 | 20.17 |
| 2026-01-13 | 20.01 |
| 2026-01-12 | 19.84 |
| 2026-01-09 | 19.73 |
| 2026-01-08 | 19.80 |
| 2026-01-07 | 19.47 |
| 2026-01-06 | 19.40 |
| 2026-01-05 | 19.20 |
| 2026-01-02 | 19.00 |
| 2025-12-31 | 19.05 |
| 2025-12-30 | 19.15 |
| 2025-12-29 | 19.01 |
| 2025-12-26 | 19.00 |
| 2025-12-24 | 19.00 |
| 2025-12-23 | 18.77 |
| 2025-12-22 | 19.00 |
| 2025-12-19 | 19.12 |
| 2025-12-18 | 19.26 |
| 2025-12-17 | 19.56 |
| 2025-12-16 | 19.26 |
| 2025-12-15 | 19.44 |
| 2025-12-12 | 19.46 |
| 2025-12-11 | 19.15 |
| 2025-12-10 | 19.08 |
| 2025-12-09 | 18.89 |
| 2025-12-08 | 19.10 |
| 2025-12-05 | 19.33 |
| 2025-12-04 | 19.54 |
| 2025-12-03 | 19.76 |
| 2025-12-02 | 19.52 |
| 2025-12-01 | 19.66 |
| 2025-11-28 | 19.88 |
| 2025-11-26 | 19.75 |
| 2025-11-25 | 19.71 |
| 2025-11-24 | 19.64 |
| 2025-11-21 | 19.69 |
| 2025-11-20 | 19.42 |
| 2025-11-19 | 19.53 |
| 2025-11-18 | 19.79 |
| 2025-11-17 | 19.73 |
| 2025-11-14 | 19.83 |
| 2025-11-13 | 19.73 |
| 2025-11-12 | 19.65 |
| 2025-11-11 | 19.91 |
| 2025-11-10 | 19.48 |
| 2025-11-07 | 19.56 |
| 2025-11-06 | 19.06 |
| 2025-11-05 | 19.15 |
| 2025-11-04 | 19.14 |
| 2025-11-03 | 19.47 |
| 2025-10-31 | 19.27 |
| 2025-10-30 | 19.45 |
| 2025-10-29 | 19.58 |
| 2025-10-28 | 19.80 |
| 2025-10-27 | 20.10 |
| 2025-10-24 | 20.07 |
| 2025-10-23 | 20.13 |
| 2025-10-22 | 20.12 |
| 2025-10-21 | 20.08 |
| 2025-10-20 | 20.34 |
| 2025-10-17 | 20.36 |
| 2025-10-16 | 20.13 |
| 2025-10-15 | 20.30 |
| 2025-10-14 | 20.10 |
| 2025-10-13 | 20.12 |
| 2025-10-10 | 19.85 |
| 2025-10-09 | 19.98 |
| 2025-10-08 | 20.00 |
| 2025-10-07 | 20.11 |
| 2025-10-06 | 20.19 |
| 2025-10-03 | 20.39 |
| 2025-10-02 | 20.43 |
| 2025-10-01 | 20.47 |
| 2025-09-30 | 20.27 |
| 2025-09-29 | 20.06 |
| 2025-09-26 | 20.18 |
| 2025-09-25 | 20.01 |
| 2025-09-24 | 20.00 |
| 2025-09-23 | 20.05 |
| 2025-09-22 | 19.90 |
| 2025-09-19 | 20.06 |
| 2025-09-18 | 20.13 |
| 2025-09-17 | 20.27 |
| 2025-09-16 | 20.26 |
| 2025-09-15 | 20.46 |
| 2025-09-12 | 20.49 |
| 2025-09-11 | 20.61 |
| 2025-09-10 | 20.32 |
| 2025-09-09 | 20.32 |
| 2025-09-08 | 20.48 |
| 2025-09-05 | 20.64 |
| 2025-09-04 | 20.18 |
| 2025-09-03 | 20.25 |
| 2025-09-02 | 20.06 |
| 2025-08-29 | 20.43 |
| 2025-08-28 | 20.09 |
| 2025-08-27 | 20.19 |
| 2025-08-26 | 19.97 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.