Farmland Partners PE ratio FPI

Share price divided by earnings per share over the last twelve months, since 2016.

Today, Oct 23, 2026: 20.5×
9-year median: 42.2×
Against its 9-year history: 28th; percentile: 0 is its lowest day, 100 its highest
9-year range: 7.9× to 497×
Peer median: 14.4×

Farmland Partners' PE ratio is 20.5× as of Oct 23, 2026: a share price of $10.25 against $0.50 of earnings per share over the last twelve months.

That is below its 9-year median of 42.2×, lower than on 72% of days in the last 9 years.

Over that time it ranged from 7.9× in Nov 2025 to 497× in May 2017.

The median for 10 specialty REITs of a similar size is 14.4×.

PE ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	20.5×	8.0×	22.5×
2025	8.0×	7.9×	44.0×
2024	42.9×	20.6×	47.1×
2023	41.6×	34.7×	82.3×
2022	73.3×	71.1×	83.6×
2021	n/m a value too high to mean anything
2020	n/m a value too high to mean anything
2019	75.2×	67.0×	76.9×
2018	336×	67.8×	454×
2017	78.9×	78.9×	497×
2016	187×	179×	187×

Against its peers

Companies in REIT - Specialty nearest Farmland Partners' size, closest first, today.

Company	PE ratio
FPIFarmland Partners	20.5×
TCITranscontinental Realty Investors	51.5×
TRTXTPG RE Finance Trust	11.6×
OLPOne Liberty Properties	14.2×
XRNChiron Real Estate	8.1×
FBRTFranklin BSP Realty Trust	14.5×
UHTUniversal Health Realty Income Trust	27.1×
CHCTCommunity Healthcare Trust	19.4×
ABRArbor Realty Trust	41.7×
IVRInvesco Mortgage Capital	3.7×
PMTPennyMac Mortgage Investment Trust	5.0×
Peer median	14.4×

Where Farmland Partners ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Farmland Partners

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.