The current PE ratio for Farmland Partners stock as of Nov 5, 2025 is 7.13. This is calculated based on the TTM EPS of $1.39 and the stock price of $9.91 per share. The PE ratio has decreased by 19% from its last 4 quarters average of 8.8.
The average historical PE ratio of Farmland Partners for the last ten years is 79.26. The current price-to-earnings ratio of 7.13 is 91% less than the historical average. Analyzing the last ten 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 Sep 2025 quarter, when it reached 7.83 with a price of $10.88 and an EPS of $1.39.
Maximum annual increase: 133.33% in 2017
Maximum annual decrease: -70.87% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.88 | -56.46% | $11.76 | $1.19 |
| 2023 | 22.69 | -70.87% | $12.48 | $0.55 |
| 2022 | 77.88 | N/A | $12.46 | $0.16 |
| 2021 | N/A | N/A | $11.95 | -$0.17 |
| 2020 | N/A | N/A | $8.7 | -$0.18 |
| 2019 | 169.5 | N/A | $6.78 | $0.04 |
| 2018 | N/A | N/A | $4.54 | -$0.01 |
| 2017 | 289.33 | 133.33% | $8.68 | $0.03 |
| 2016 | 124 | -9.57% | $11.16 | $0.09 |
| 2015 | 137.13 | N/A | $10.97 | $0.08 |
| 2014 | N/A | N/A | $10.41 | -$0.15 |
| 2013 | N/A | N/A | N/A | N/A |
| 2012 | N/A | N/A | N/A | N/A |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 7.83 | -4.04% | $10.88 | $1.39 |
| Jun 2025 | 8.16 | -12.16% | $11.51 | $1.41 |
| Mar 2025 | 9.29 | -5.97% | $11.15 | $1.2 |
| Dec 2024 | 9.88 | -71.63% | $11.76 | $1.19 |
| Sep 2024 | 34.83 | 5.74% | $10.45 | $0.3 |
| Jun 2024 | 32.94 | 63.23% | $11.53 | $0.35 |
| Mar 2024 | 20.18 | -11.06% | $11.1 | $0.55 |
| Dec 2023 | 22.69 | -24.82% | $12.48 | $0.55 |
| Sep 2023 | 30.18 | -30.8% | $10.26 | $0.34 |
| Jun 2023 | 43.61 | -26.63% | $12.21 | $0.28 |
| Mar 2023 | 59.44 | -23.68% | $10.7 | $0.18 |
| Dec 2022 | 77.88 | 65.95% | $12.46 | $0.16 |
| Sep 2022 | 46.93 | -69.39% | $12.67 | $0.27 |
| Jun 2022 | 153.33 | N/A | $13.8 | $0.09 |
| Mar 2022 | N/A | N/A | $13.75 | -$0.14 |
Currently, FPI's PE ratio is under its 3, 5 and 10-year averages.
Farmland Partners's price to earnings (P/E) of 7.13 is lower than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 24.31, Farmland Partners's price to earnings (P/E) is 71% lower.
When compared to its peer stocks COR and AGRO, FPI's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FPI Farmland Partners Inc | 7 | $419.34M |
| AGRO Adecoagro S.A. | 22.39 | $806.43M |
| COR Cencora Inc. | 36.72 | $69.84B |
| DD DuPont de Nemours Inc | N/A | $16.38B |
As of Nov 5, 2025, FPI stock has a price to earnings ratio of 7.13.
The average PE ratio for FPI stock over the past 3 years is 29.74.
The average PE ratio for FPI stock over the past 5 years is 39.8.
Over the last ten years, the quarterly PE ratio reached its highest level at 289.33 in the Dec 2017 quarter.
The current PE ratio of FPI is 91% lower than the 10-year historical average.
FPI's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 5, 2025), Farmland Partners's share price is $9.91. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $1.39. Therefore, Farmland Partners's price to earnings ratio for today is 7.13. PE RATIO(7.13) = STOCK PRICE($9.91) / TTM EPS($1.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.