As of Jun 22, 2026, the Agree Realty stock's PE ratio is 39.67. This results from the current EPS of $1.85 and stock price of $73.39. The P/E ratio has decreased by 4.7% from the past four quarters average of 41.6.
The PE ratio of Agree Realty has averaged 34.39 over the last ten years. The current PE ratio of 39.67 is 15% above the historical average. In the past ten years, ADC's PE ratio was at its highest in the Jun 2025 quarter at 43.49, when the stock price was $73.06 and the EPS was $1.68. The lowest value was in the Jun 2017 quarter, when it reached 20.57 with a price of $45.87 and an EPS of $2.23.
Maximum annual increase: 55.2% in 2011
Maximum annual decrease: -37.53% in 2015
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 40.69 | 3.38% | $72.03 | $1.77 |
| 2024 | 39.36 | 6.29% | $70.45 | $1.79 |
| 2023 | 37.03 | -3.94% | $62.95 | $1.7 |
| 2022 | 38.55 | -3.31% | $70.93 | $1.84 |
| 2021 | 39.87 | 5.39% | $71.36 | $1.79 |
| 2020 | 37.83 | 5.67% | $66.58 | $1.76 |
| 2019 | 35.8 | 9.01% | $70.17 | $1.96 |
| 2018 | 32.84 | 33.44% | $59.12 | $1.8 |
| 2017 | 24.61 | 5.26% | $51.44 | $2.09 |
| 2016 | 23.38 | 49.3% | $46.05 | $1.97 |
| 2015 | 15.66 | -37.53% | $33.99 | $2.17 |
| 2014 | 25.07 | 30.44% | $31.09 | $1.24 |
| 2013 | 19.22 | 16.91% | $29.02 | $1.51 |
| 2012 | 16.44 | -33.25% | $26.79 | $1.63 |
| 2011 | 24.63 | 55.2% | $24.38 | $0.99 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 40.75 | 0.15% | $75.38 | $1.85 |
| Dec 2025 | 40.69 | -2.05% | $72.03 | $1.77 |
| Sep 2025 | 41.54 | -4.48% | $71.04 | $1.71 |
| Jun 2025 | 43.49 | 0.28% | $73.06 | $1.68 |
| Mar 2025 | 43.37 | 10.19% | $77.19 | $1.78 |
| Dec 2024 | 39.36 | -4.9% | $70.45 | $1.79 |
| Sep 2024 | 41.39 | 20.95% | $75.33 | $1.82 |
| Jun 2024 | 34.22 | 1.85% | $61.94 | $1.81 |
| Mar 2024 | 33.6 | -9.26% | $57.12 | $1.7 |
| Dec 2023 | 37.03 | 14.64% | $62.95 | $1.7 |
| Sep 2023 | 32.3 | -12.56% | $55.24 | $1.71 |
| Jun 2023 | 36.94 | -3.1% | $65.39 | $1.77 |
| Mar 2023 | 38.12 | -1.12% | $68.61 | $1.8 |
| Dec 2022 | 38.55 | 4.96% | $70.93 | $1.84 |
| Sep 2022 | 36.73 | -3.75% | $67.58 | $1.84 |
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, ADC's PE ratio is greater than its 3, 5 and 10-year historical averages.
Agree Realty's P/E of 39.67 is above the Real Estate sector, the industry and its peers average. Compared to its Real Estate sector average of 23.85, Agree Realty's P/E is 66% higher.
Compared to its peers WMT and CVS, ADC's PE ratio stands lower, however it is higher than T's and KR's. Agree Realty's PE ratio is trading above the peer group average of 29.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 7.65 | $158.49B |
| DAVE Dave Inc | 19.02 | $4.04B |
| DIN Dine Brands Global Inc | 28.44 | $422.16M |
| KR Kroger Co | 36.81 | $34.95B |
| ADC Agree Realty Corp | 40.2 | $8.93B |
| WMT Walmart Inc | 41.9 | $950.35B |
| CVS CVS HEALTH Corp | 43.78 | $129.6B |
As of Jun 22, 2026, ADC stock has a price to earnings ratio of 39.67.
Over the last 3 years, the average price to earnings ratio for ADC stock is 38.72.
Over the last 5 years, the average price to earnings ratio for ADC stock is 38.69.
In the last ten years, the Jun 2025 quarter recorded the highest quarterly PE ratio at 43.49.
ADC's price to earnings ratio is currently 15% above its 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 22, 2026), Agree Realty's stock price is $73.39. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.85. Therefore, Agree Realty's P/E ratio for today is 39.67. PE RATIO(39.67) = STOCK PRICE($73.39) / TTM EPS($1.85)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.