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Farmland Partners price to book ratio FPI

Market value divided by the book value of the company's net assets, since 2014.

Today, Oct 23, 2026
1.0×
10-year median
1.0×
Against its 10-year history
50th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.4× to 1.8×
Peer median
0.6×

Farmland Partners' price to book ratio is 1.0× as of Oct 23, 2026.

That is below its ten-year median of 1.0×, close to the middle of its last ten years.

Over that time it ranged from 0.4× in Dec 2018 to 1.8× in Nov 2021.

The median for 10 specialty REITs of a similar size is 0.6×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far1.0×0.9×1.2×
20250.9×0.9×1.2×
20241.1×0.9×1.2×
20231.1×0.9×1.2×
20221.2×1.1×1.7×
20211.7×0.9×1.8×
20200.9×0.5×0.9×
20190.7×0.5×0.7×
20180.4×0.4×0.8×
20170.7×0.7×1.7×
20160.9×0.8×1.0×
20150.9×0.9×1.2×
20141.0×0.5×1.0×

Against its peers

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

CompanyPrice to book ratio
FPIFarmland Partners1.0×
TCITranscontinental Realty Investors0.5×
TRTXTPG RE Finance Trust0.5×
OLPOne Liberty Properties1.6×
XRNChiron Real Estate0.6×
FBRTFranklin BSP Realty Trust0.4×
UHTUniversal Health Realty Income Trust3.6×
CHCTCommunity Healthcare Trust0.9×
ABRArbor Realty Trust0.2×
IVRInvesco Mortgage Capital0.6×
PMTPennyMac Mortgage Investment Trust0.3×
Peer median0.6×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Farmland Partners

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