Real estate stocks cheapest against their own PE history

Ranked

91

of 226 real estate stocks we cover

Median

40th pct

Lowest

0th pct

EQIX

Range

0th pct to 98th pct

#	Company	PE vs its 10 years	PE	Its 10y median PE	Market cap
1	EQIXEquinix, REIT - Specialty	0th pct	61.5×	97.9×	$94.2B
2	SAFESafehold, REIT - Specialty	0th pct	6.9×	14.7×	$795.3M
3	CHCTCommunity Healthcare Trust, REIT - Specialty	0th pct	19.4×	95.0×	$372.5M
4	LOANManhattan Bridge Capital, REIT - Specialty	1st pct	8.3×	12.4×	$39.5M
5	ELSEquity Lifestyle Properties, REIT - Specialty	1st pct	29.5×	43.1×	$11.8B
6	GLPIGaming & Leisure Properties, REIT - Specialty	1st pct	11.6×	19.3×	$11.5B
7	ALXAlexanders, REIT - Specialty	1st pct	7.5×	25.1×	$1.3B
8	UDRUDR, REIT - Specialty	1st pct	22.8×	78.4×	$11.5B
9	KRGKite Realty Group Trust, REIT - Specialty	1st pct	15.2×	126×	$4.9B
10	CTRECareTrust REIT, REIT - Specialty	1st pct	23.0×	33.5×	$8.7B
11	AMTAmerican Tower, REIT - Specialty	2nd pct	26.0×	55.9×	$88.1B
12	IVRInvesco Mortgage Capital, REIT - Specialty	3rd pct	3.7×	7.4×	$596.3M
13	SBACSBA Communications, REIT - Specialty	4th pct	19.9×	81.2×	$19.6B
14	ADAMAdamas Trust, REIT - Specialty	4th pct	4.6×	9.7×	$702M
15	GTYGetty Realty, Real Estate - Services	5th pct	17.1×	22.3×	$1.9B
16	TRNOTerreno Realty, Real Estate - Services	5th pct	17.5×	38.4×	$7.1B
17	PMTPennyMac Mortgage Investment Trust, REIT - Specialty	6th pct	5.0×	11.1×	$613.9M
18	MFAMFA Financial, REIT - Specialty	8th pct	6.5×	10.1×	$673.2M
19	EPREPR Properties, REIT - Specialty	11th pct	17.9×	22.1×	$4.3B
20	ORealty Income, REIT - Retail	11th pct	41.5×	51.5×	$53.8B
21	AGNCAGNC Investment, REIT - Specialty	12th pct	4.7×	8.5×	$10.5B
22	UHTUniversal Health Realty Income Trust, REIT - Specialty	12th pct	27.1×	34.5×	$523.6M
23	ARIApollo Commercial Real Estate Finance, REIT - Specialty	12th pct	8.0×	11.9×	$823.1M
24	SPGSimon Property, REIT - Retail	13th pct	14.9×	21.5×	$68.5B
25	WPCW. P. Carey, REIT - Specialty	13th pct	21.8×	26.7×	$14.6B
26	FRTFederal Realty Investment Trust, REIT - Specialty	14th pct	22.0×	32.3×	$9.4B
27	DRHDiamondRock Hospitality, REIT - Specialty	15th pct	19.1×	24.3×	$2.8B
28	OHIOmega Healthcare Investors, REIT - Specialty	17th pct	16.7×	25.6×	$14B
29	STAGSTAG Industrial, REIT - Specialty	17th pct	28.0×	36.6×	$7B
30	OLPOne Liberty Properties, REIT - Specialty	17th pct	14.2×	17.6×	$487.8M
31	JOEST JOE, Real Estate - Development	20th pct	31.6×	39.3×	$3.8B
32	FRFirst Industrial Realty Trust, REIT - Specialty	22nd pct	19.9×	24.9×	$7.2B
33	NNNNNN REIT, REIT - Specialty	25th pct	20.5×	25.9×	$8B
34	EGPEastgroup Properties, REIT - Specialty	25th pct	34.9×	38.3×	$10.7B
35	CUBECubeSmart, REIT - Specialty	27th pct	27.7×	35.9×	$9B
36	FORForestar, Real Estate - Services	28th pct	7.8×	9.4×	$1.3B
37	JLLJones Lang Lasalle, Real Estate - Services	28th pct	14.4×	18.2×	$13.8B
38	DXDynex Capital, REIT - Specialty	30th pct	4.2×	4.9×	$2.7B
39	CPTCamden Property Trust, REIT - Specialty	32nd pct	33.8×	43.2×	$10.3B
40	LTCLTC Properties, REIT - Specialty	32nd pct	16.0×	17.7×	$2.4B
41	CCICrown Castle, REIT - Specialty	33rd pct	43.6×	78.2×	$36.6B
42	PLDPrologis, REIT - Industrial	33rd pct	27.9×	31.5×	$118B
43	NHINational Health Investors, REIT - Specialty	33rd pct	19.4×	21.4×	$3.3B
44	BXPBXP, REIT - Specialty	36th pct	33.4×	37.3×	$9.9B
45	TRCTejon Ranch, Real Estate - Services	37th pct	71.5×	115×	$444.5M
46	ADCAgree Realty, REIT - Specialty	40th pct	35.9×	37.0×	$8.3B
47	AKRAcadia Realty Trust, REIT - Specialty	41st pct	52.2×	57.6×	$2.6B
48	MITTTPG Mortgage Investment Trust, REIT - Specialty	41st pct	7.4×	8.5×	$173M
49	OUTOUTFRONT Media, REIT - Specialty	41st pct	22.3×	25.0×	$5.5B
50	VMRKVivmark Residential, REIT - Specialty	44th pct	55.3×	57.3×	$47.3B
51	WYWeyerhaeuser, REIT - Specialty	44th pct	29.5×	31.5×	$14B
52	HSTHost Hotels & Resorts, REIT - Specialty	44th pct	16.6×	17.1×	$16.9B
53	CDPCopt Defense Properties, REIT - Specialty	45th pct	23.6×	24.4×	$3.8B
54	NLYAnnaly Capital Management, REIT - Specialty	48th pct	4.6×	4.6×	$13.8B
55	PSAPublic Storage, REIT - Industrial	50th pct	29.6×	29.6×	$54.4B
56	CHMICherry Hill Mortgage Investment, REIT - Specialty	51st pct	14.2×	14.0×	$94.6M
57	CTOCTO Realty Growth, REIT - Specialty	51st pct	14.5×	14.0×	$741.5M
58	CSRCenterspace, REIT - Specialty	52nd pct	45.6×	44.7×	$956.8M
59	BFSSaul Centers, REIT - Specialty	53rd pct	30.3×	29.7×	$725.4M
60	DEAEasterly Government Properties, REIT - Specialty	53rd pct	113×	103×	$1.1B
61	EXRExtra Space Storage, REIT - Industrial	54th pct	31.7×	31.0×	$30.3B
62	BRXBrixmor Property, REIT - Specialty	55th pct	20.0×	19.4×	$8.6B
63	KRCKilroy Realty, REIT - Specialty	56th pct	26.2×	24.6×	$4.3B
64	DLRDigital Realty Trust, REIT - Specialty	57th pct	83.3×	69.1×	$63.8B
65	RYNRayonier, REIT - Specialty	58th pct	41.4×	34.6×	$5.5B
66	KIMKimco Realty, REIT - Specialty	62nd pct	27.8×	25.5×	$15.8B
67	ESSEssex Property Trust, REIT - Residential	65th pct	43.3×	36.2×	$17.9B
68	CBRECBRE, Real Estate - Services	66th pct	28.3×	22.0×	$35.7B
69	IRMIron Mountain, REIT - Specialty	68th pct	78.5×	47.1×	$32.7B
70	WELLWelltower, REIT - Healthcare Facilities	70th pct	109×	62.4×	$171B
71	IVTInvenTrust Properties, REIT - Specialty	71st pct	150×	35.1×	$2.3B
72	DOCHealthpeak Properties, REIT - Specialty	72nd pct	55.0×	40.7×	$13.3B
73	AATAmerican Assets Trust, REIT - Specialty	73rd pct	73.7×	54.8×	$1.3B
74	IRTIndependence Realty Trust, REIT - Specialty	74th pct	83.1×	50.4×	$3.5B
75	LAMRLamar Advertising, REIT - Specialty	75th pct	28.3×	24.4×	$15.7B
76	UEUrban Edge Properties, Real Estate - Services	78th pct	35.8×	24.8×	$2.4B
77	APLEApple Hospitality REIT, REIT - Specialty	81st pct	24.4×	21.2×	$4.3B
78	CXWCoreCivic, REIT - Specialty	81st pct	24.0×	15.2×	$3B
79	LXPLXP Industrial Trust, REIT - Specialty	82nd pct	61.1×	26.0×	$3.6B
80	IORIncome Opportunity Realty Investors, REIT - Specialty	83rd pct	19.1×	15.2×	$71.6M
81	VTRVentas, REIT - Healthcare Facilities	84th pct	161×	51.7×	$44.5B
82	CLDTChatham Lodging Trust, REIT - Specialty	85th pct	175×	32.8×	$653.3M
83	SBRASabra Health Care REIT, REIT - Specialty	86th pct	75.2×	26.7×	$5B
84	RHPRyman Hospitality Properties, REIT - Specialty	89th pct	32.0×	21.7×	$8.2B
85	ALCOAlico, Real Estate - Services	89th pct	169×	26.6×	$275.7M
86	RITMRithm Capital, REIT - Specialty	90th pct	15.7×	7.8×	$5.2B
87	MMIMarcus & Millichap, Real Estate - Services	93rd pct	74.6×	18.1×	$1B
88	STWDStarwood Property Trust, REIT - Specialty	96th pct	21.3×	15.2×	$4.7B
89	ESBAEmpire State Realty OP, REIT - Specialty	97th pct	159×	40.7×	$106.2M
90	BXMTBlackstone Mortgage Trust, REIT - Specialty	97th pct	118×	14.0×	$1.8B
91	ABRArbor Realty Trust, REIT - Specialty	98th pct	41.7×	9.1×	$544.7M

Not ranked: 83 with no PE (losses over the last year), 35 with under ten years of history. 17 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.