Farmland Partners price to sales ratio FPI
Market value divided by revenue over the last twelve months, since 2015.
- Today, Oct 23, 2026
- 8.7×
- 10-year median
- 8.2×
- Against its 10-year history
- 56th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 2.8× to 14.1×
- Peer median
- 2.8×
Farmland Partners' price to sales ratio is 8.7× as of Oct 23, 2026.
That is above its ten-year median of 8.2×, close to the middle of its last ten years.
Over that time it ranged from 2.8× in Dec 2018 to 14.1× in Aug 2022.
The median for 10 specialty REITs of a similar size is 2.8×.
Price to sales ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 8.7× | 7.9× | 10.9× |
| 2025 | 7.9× | 7.8× | 9.8× |
| 2024 | 9.6× | 8.5× | 10.5× |
| 2023 | 10.4× | 8.5× | 12.2× |
| 2022 | 11.4× | 10.0× | 14.1× |
| 2021 | 10.9× | 4.9× | 11.4× |
| 2020 | 4.7× | 3.2× | 4.7× |
| 2019 | 4.0× | 3.1× | 4.0× |
| 2018 | 2.8× | 2.8× | 6.4× |
| 2017 | 6.4× | 6.4× | 11.9× |
| 2016 | 7.0× | 6.7× | 12.3× |
| 2015 | 12.4× | 12.1× | 22.4× |
Against its peers
Companies in REIT - Specialty nearest Farmland Partners' size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| FPIFarmland Partners | 8.7× |
| TCITranscontinental Realty Investors | 8.5× |
| TRTXTPG RE Finance Trust | 3.3× |
| OLPOne Liberty Properties | n/m |
| XRNChiron Real Estate | 2.6× |
| FBRTFranklin BSP Realty Trust | 1.7× |
| UHTUniversal Health Realty Income Trust | 5.3× |
| CHCTCommunity Healthcare Trust | 3.0× |
| ABRArbor Realty Trust | 1.1× |
| IVRInvesco Mortgage Capital | n/m |
| PMTPennyMac Mortgage Investment Trust | 1.8× |
| Peer median | 2.8× |
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on Farmland Partners
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.