The current PE ratio for Farmland Partners stock as of Apr 30, 2024 is 19.56. This is calculated based on the TTM EPS of $0.55 and the stock price of $10.76 per share. The PE ratio has decreased by 50% from its last 4 quarters average of 39.0.
The average historical PE ratio of Farmland Partners for the last nine years is 104.65. The current price-to-earnings ratio of 19.56 is 81% less than the historical average. Analyzing the last nine years, FPI's PE ratio reached its highest point in the Dec 2017 quarter at 289.33, when the price was $8.68 and the EPS was $0.03. The lowest point was recorded in the Dec 2023 quarter, when it reached 22.69 with a price of $12.48 and an EPS of $0.55.
Maximum annual increase: 133.33% in 2017
Maximum annual decrease: -70.87% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.69 | -70.87% |
| 2022 | 77.88 | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 169.5 | N/A |
| 2018 | N/A | N/A |
| 2017 | 289.33 | 133.33% |
| 2016 | 124 | -9.57% |
| 2015 | 137.13 | N/A |
| 2014 | N/A | N/A |
Currently, FPI's PE ratio is under its 3, 5 and 10-year averages.
When compared to its peers COR and DD, FPI's PE ratio is lower, but it is higher than AGRO's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AGRO Adecoagro S.A. | 5.14 | $1.15B |
| FPI Farmland Partners Inc | 19.56 | $516.79M |
| COR Cencora Inc. | 25.76 | $47.69B |
| DD DuPont de Nemours Inc | 77.13 | $30.27B |
As of Apr 30, 2024, FPI stock has a price to earnings ratio of 19.56.
The average PE ratio for FPI stock over the past 3 years is 62.01.
The average PE ratio for FPI stock over the past 5 years is 77.53.
Over the last nine years, the quarterly PE ratio reached its highest level at 289.33 in the Dec 2017 quarter.
The current PE ratio of FPI is 81% lower than the 9-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 30, 2024), Farmland Partners's share price is $10.76. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.55. Therefore, Farmland Partners's price to earnings ratio for today is 19.56. PE RATIO(19.56) = STOCK PRICE($10.76) / TTM EPS($0.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.