The current PE ratio for Farmland Partners stock as of Nov 21, 2024 is 41.17. This is calculated based on the TTM EPS of $0.3 and the stock price of $12.35 per share. The PE ratio has increased by 49% from its last 4 quarters average of 27.7.
The average historical PE ratio of Farmland Partners for the last nine years is 93.35. The current price-to-earnings ratio of 41.17 is 56% 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 Mar 2024 quarter, when it reached 20.18 with a price of $11.1 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 peer DD, FPI's PE ratio is lower, but it is higher than COR's and AGRO's.
Stock name | PE ratio | Market cap |
---|---|---|
AGRO Adecoagro S.A. | 7.33 | $1.12B |
COR Cencora Inc. | 26.39 | $48.41B |
FPI Farmland Partners Inc | 41.17 | $594.93M |
DD DuPont de Nemours Inc | 42.65 | $34.59B |
As of Nov 21, 2024, FPI stock has a price to earnings ratio of 41.17.
The average PE ratio for FPI stock over the past 3 years is 52.2.
The average PE ratio for FPI stock over the past 5 years is 67.74.
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 56% 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 (Nov 21, 2024), Farmland Partners's share price is $12.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.3. Therefore, Farmland Partners's price to earnings ratio for today is 41.17. PE RATIO(41.17) = STOCK PRICE($12.35) / TTM EPS($0.3)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.