Real estate stocks with the lowest price to sales ratio

Ranked

186

of 226 real estate stocks we cover

Median

3.5×

Lowest

0.0×

WHLR

Range

0.0× to 21.5×

#	Company	P/S	Net margin	Revenue growth (TTM)	Market cap
1	WHLRWheeler Real Estate Investment Trust, REIT - Specialty	0.0×	17.8%	−7.2%	$19.2K
2	LRHCLa Rosa, Real Estate - Services	0.0×	−51.2%	−21.8%	$324.7K
3	FTHMFathom, Real Estate - Services	0.0×	−6.3%	+4.3%	$6.7M
4	AHTAshford Hospitality Trust, REIT - Specialty	0.0×	−6.1%	−5.8%	$18.2M
5	OPADOfferpad Solutions, Real Estate - Services	0.0×	−9.8%	−42.5%	$12.7M
6	NENNew England Realty Associates Limited Partnership, Real Estate - Services	0.1×	−7.3%	+16.1%	$5.4M
7	SQFTPresidio Property Trust, REIT - Specialty	0.1×	−54.3%	−11.9%	$1.1M
8	GIPRGeneration Income Properties, REIT - Specialty	0.1×	−69.4%	−6.7%	$679.4K
9	ESBAEmpire State Realty OP, REIT - Specialty	0.1×	1.2%	+2.0%	$106.2M
10	AGNTAGNT, Real Estate - Services	0.1×	−0.3%	+8.1%	$691.9M
11	BHRBraemar Hotels & Resorts, REIT - Specialty	0.1×	−0.5%	−3.8%	$96.8M
12	DOUGDouglas Elliman, Real Estate - Services	0.1×	2.5%	−2.7%	$144.5M
13	MKZRMacKenzie Realty Capital, REIT - Specialty	0.2×	−87.7%	−9.3%	$3.2M
14	CWDCaliberCos, Real Estate - Services	0.3×	n/m	−49.7%	$4.1M
15	CWKCushman & Wakefield, Real Estate - Services	0.3×	0.6%	+11.0%	$2.8B
16	CLPRClipper Realty, REIT - Specialty	0.3×	−8.4%	−1.7%	$49.6M
17	BHMBluerock Homes Trust, REIT - Specialty	0.4×	−2.8%	+24.8%	$32.9M
18	FSPFranklin Street Properties, REIT - Specialty	0.4×	−39.4%	−5.3%	$46.9M
19	SVCService Properties Trust, REIT - Specialty	0.5×	−25.4%	−11.9%	$796.5M
20	JLLJones Lang Lasalle, Real Estate - Services	0.5×	3.6%	+11.2%	$13.8B
21	NMRKNewmark, Real Estate - Services	0.6×	4.1%	+20.8%	$2.1B
22	OPENOpendoor Technologies, Real Estate - Services	0.6×	−46.7%	−37.2%	$1.9B
23	COMPCompass, Real Estate - Services	0.7×	0.6%	+67.8%	$7.4B
24	VACMARRIOTT VACATIONS WORLDWIDE, Real Estate - Services	0.7×	−6.5%	+1.7%	$3.8B
25	HPPHudson Pacific Properties, Real Estate - Services	0.7×	−71.3%	+1.8%	$597M
26	FORForestar, Real Estate - Services	0.8×	9.9%	+11.8%	$1.3B
27	CBRECBRE, Real Estate - Services	0.8×	3.0%	+14.7%	$35.7B
28	LHAILinkhome, Real Estate - Services	0.8×	−1.4%	+17.6%	$17.4M
29	PWPower REIT, REIT - Specialty	0.8×	−55.9%	−6.7%	$2.3M
30	ONLOrion Properties, REIT - Specialty	0.9×	−65.7%	−6.5%	$124.9M
31	INTGIntergroup, Real Estate - Services	1.0×	2.2%	+14.9%	$70.6M
32	STHOStar, Real Estate - Services	1.0×	14.8%	−17.7%	$90.7M
33	INNSummit Hotel Properties, REIT - Specialty	1.0×	−3.3%	+1.2%	$744.2M
34	RITMRithm Capital, REIT - Specialty	1.0×	9.0%	−23.9%	$5.2B
35	BDNBrandywine Realty Trust, REIT - Specialty	1.0×	−28.6%	+0.5%	$515M
36	ACRACRES Commercial Realty, REIT - Specialty	1.0×	17.5%	−3.4%	$83.4M
37	ESRTEmpire State Realty Trust, REIT - Specialty	1.1×	1.2%	+2.0%	$867.4M
38	STRWStrawberry Fields REIT, REIT - Specialty	1.1×	5.3%	+18.3%	$179.4M
39	CMTGClaros Mortgage Trust, Real Estate - Services	1.1×	n/m	−30.9%	$170.7M
40	ABRArbor Realty Trust, REIT - Specialty	1.1×	12.0%	−16.4%	$544.7M
41	CXWCoreCivic, REIT - Specialty	1.2×	5.1%	+24.3%	$3B
42	MMIMarcus & Millichap, Real Estate - Services	1.3×	1.8%	+11.9%	$1B
43	RLJRLJ Lodging Trust, REIT - Specialty	1.3×	2.0%	+1.1%	$1.8B
44	AIREreAlpha Tech, Real Estate - Services	1.4×	n/m	+41.0%	$5.8M
45	LINELineage, REIT - Specialty	1.5×	−3.1%	+1.0%	$8.1B
46	PEBPebblebrook Hotel Trust, REIT - Specialty	1.5×	−3.1%	+2.1%	$2.3B
47	COLDAmericold Realty Trust, REIT - Specialty	1.6×	−17.4%	−0.2%	$4.1B
48	MPTMedical Properties Trust, REIT - Specialty	1.6×	−3.0%	+10.6%	$1.6B
49	MDRRMedalist Diversified, REIT - Specialty	1.6×	80.2%	−0.7%	$15.4M
50	IHTInnsuites Hospitality Trust, REIT - Specialty	1.6×	−15.3%	+1.7%	$12.5M
51	DEIDouglas Emmett, REIT - Specialty	1.7×	−2.3%	+0.8%	$1.7B
52	FBRTFranklin BSP Realty Trust, REIT - Specialty	1.7×	20.5%	+42.5%	$518.2M
53	JBGSJBG SMITH Properties, REIT - Specialty	1.7×	−29.9%	−1.1%	$863.3M
54	PMTPennyMac Mortgage Investment Trust, REIT - Specialty	1.8×	47.8%	+14.6%	$613.9M
55	HHHHoward Hughes, REIT - Specialty	1.8×	12.3%	+34.0%	$4.2B
56	NLOPNet Lease Office Properties, REIT - Specialty	1.9×	−59.8%	−35.4%	$142.5M
57	NXRTNexPoint Residential Trust, REIT - Specialty	1.9×	−13.2%	−0.5%	$479.3M
58	SAFESafehold, REIT - Specialty	1.9×	27.7%	+12.1%	$795.3M
59	WYWeyerhaeuser, REIT - Specialty	2.1×	6.9%	−2.6%	$14B
60	PDMPiedmont Realty Trust, Real Estate - Services	2.1×	−14.2%	+0.7%	$1.2B
61	AHRTAH Realty Trust, Real Estate - Services	2.1×	−17.0%	+3.9%	$455M
62	CLDTChatham Lodging Trust, REIT - Specialty	2.2×	4.0%	−3.1%	$653.3M
63	CHCIComstock Holding Companies, Real Estate - Services	2.3×	n/m	+39.2%	$179M
64	STWDStarwood Property Trust, REIT - Specialty	2.3×	11.4%	+11.8%	$4.7B
65	BFSSaul Centers, REIT - Specialty	2.4×	11.5%	+8.7%	$725.4M
66	DRHDiamondRock Hospitality, REIT - Specialty	2.5×	13.5%	+1.0%	$2.8B
67	BRTBRT Apartments, REIT - Specialty	2.5×	−13.2%	+1.2%	$248.8M
68	XRNChiron Real Estate, REIT - Specialty	2.6×	37.8%	+8.0%	$397.1M
69	CBLCBL & Associates Properties, REIT - Specialty	2.6×	37.0%	+9.0%	$1.5B
70	AREAlexandria Real Estate Equities, REIT - Specialty	2.6×	−36.1%	−8.4%	$7.5B
71	AXRAmrep, Real Estate - Development	2.7×	14.3%	−15.3%	$110.3M
72	HSTHost Hotels & Resorts, REIT - Specialty	2.7×	16.5%	+4.9%	$16.9B
73	SITCSITE Centers, REIT - Specialty	2.8×	n/m	−58.6%	$196.3M
74	BXPBXP, REIT - Specialty	2.8×	8.4%	+1.9%	$9.9B
75	OUTOUTFRONT Media, REIT - Specialty	2.8×	12.7%	+7.6%	$5.5B
76	CHMICherry Hill Mortgage Investment, REIT - Specialty	2.9×	49.7%	+124.5%	$94.6M
77	APLEApple Hospitality REIT, REIT - Specialty	3.0×	12.2%	+1.2%	$4.3B
78	AATAmerican Assets Trust, REIT - Specialty	3.0×	5.4%	−2.9%	$1.3B
79	CHCTCommunity Healthcare Trust, REIT - Specialty	3.0×	16.8%	+5.7%	$372.5M
80	RHPRyman Hospitality Properties, REIT - Specialty	3.0×	9.9%	+12.2%	$8.2B
81	DEAEasterly Government Properties, REIT - Specialty	3.0×	2.9%	+13.0%	$1.1B
82	BEEPMobile Infrastructure, Real Estate - Services	3.0×	−67.2%	−4.1%	$105.3M
83	NHPNational Healthcare Properties, REIT - Specialty	3.3×	−13.0%	−1.2%	$1.1B
84	GNLGlobal Net Lease, REIT - Specialty	3.3×	−2.9%	−13.9%	$1.5B
85	EFCEllington Financial, Real Estate - Services	3.3×	42.6%	+44.8%	$1.5B
86	NXDTNexpoint Diversified Real Estate Trust, REIT - Specialty	3.3×	−94.2%	−20.5%	$259.7M
87	TRTXTPG RE Finance Trust, REIT - Specialty	3.3×	40.2%	−2.6%	$482.1M
88	ACREAres Commercial Real Estate, REIT - Specialty	3.4×	−8.0%	−10.6%	$185.9M
89	GOODGladstone Commercial, Real Estate - Services	3.4×	14.5%	+10.8%	$581.4M
90	SLGSL Green Realty, REIT - Specialty	3.4×	−16.9%	+8.5%	$3.6B
91	ARIApollo Commercial Real Estate Finance, REIT - Specialty	3.5×	55.5%	−14.7%	$823.1M
92	BOCBOSTON OMAHA, Real Estate - Services	3.5×	−12.1%	+3.7%	$379M
93	SUNSSunrise Realty Trust, REIT - Specialty	3.5×	53.3%	+44.3%	$85.8M
94	VNOVornado Realty Trust, REIT - Specialty	3.6×	3.7%	+1.4%	$6.5B
95	CSRCenterspace, REIT - Specialty	3.6×	7.2%	+0.7%	$956.8M
96	PINEAlpine Income Property Trust, REIT - Specialty	3.8×	16.5%	+31.9%	$289.9M
97	MAYSMays J W, Real Estate - Services	3.9×	−6.6%	−6.1%	$82.6M
98	KRCKilroy Realty, REIT - Specialty	4.0×	1.7%	−3.6%	$4.3B
99	HIWHighwoods Properties, REIT - Specialty	4.0×	20.8%	+3.0%	$3.4B
100	LANDGLADSTONE LAND, REIT - Specialty	4.3×	−7.3%	+21.6%	$382.6M

The first 100 of 186.

Not ranked: 20 with a quarter missing, 8 with not a meaningful number, 1 with a value too high to mean anything. 11 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.