Back to FR overview

FR First Industrial Realty Trust PE ratio, current and historical analysis

The current P/E ratio for First Industrial Realty Trust stock as of Jun 20, 2024 is 21.59. This is calculated based on the TTM EPS of $2.18 and the stock price of $47.06 per share. The PE ratio has decreased by 9% from its last 4 quarters average of 23.8.

FR PE ratio history

How has FR's PE ratio performed in the past

The average historical PE ratio of First Industrial Realty Trust for the last ten years is 27.7. The current price-to-earnings ratio of 21.59 is 22% less than the historical average. Analyzing the last ten years, FR's PE ratio reached its highest point in the Jun 2014 quarter at 62.8, when the price was $18.84 and the EPS was $0.3. The lowest point was recorded in the Sep 2022 quarter, when it reached 15.04 with a price of $44.81 and an EPS of $2.98.

Average
27.7
Median
25.68
Minimum
15.04
Maximum
62.8

First Industrial Realty Trust PE ratio by year

Maximum annual increase: 42.73% in 2023

Maximum annual decrease: -43.98% in 2022

Year PE ratio Change
2023 25.32 42.73%
2022 17.74 -43.98%
2021 31.67 15%
2020 27.54 25.41%
2019 21.96 -0.32%
2018 22.03 19.02%
2017 18.51 -30.7%
2016 26.71 -19.13%
2015 33.03 -32.52%
2014 48.95 -32.68%

FR average PE ratio chart

What is the average PE ratio of FR for the past years

FR's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
23.99
5-year avg
24.13
10-year avg
27.7
15-year avg
29.59

FR PE vs peers

What is FR's PE ratio compared to its peers

When compared to its peer UDR, FR's PE ratio is lower, but it is higher than UE's and GEO's. First Industrial Realty Trust's PE ratio is trading above the peer average of 16.52.

Stock name PE ratio Market cap
UE Urban Edge Properties 7.86 $2.15B
ALX Alexanders Inc 10.48 $1.12B
GEO Geo Group Inc 18.2 $1.71B
FR First Industrial Realty Trust Inc 21.68 $6.26B
UDR UDR Inc 29.51 $13.41B

Frequently asked questions

What is First Industrial Realty Trust's PE ratio?

The price to earnings ratio for FR stock as of Jun 20, 2024, stands at 21.59.

What is the 3-year average PE ratio for First Industrial Realty Trust (FR)?

Over the last 3 years, the average PE ratio for FR stock is 23.99.

What is the 5-year average PE ratio for First Industrial Realty Trust (FR)?

Over the last 5 years, the average PE ratio for FR stock is 24.13.

What is the highest PE ratio for FR?

The highest quarterly PE ratio in the last ten years has been 62.8 and it was in the Jun 2014 quarter.

How does the current PE ratio for FR compare to its historical average?

The current PE ratio of FR is 22% lower than the 10-year historical average.

How is FR's PE ratio calculated (First Industrial Realty Trust PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), First Industrial Realty Trust's share price is $47.06. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.18. Therefore, First Industrial Realty Trust's price to earnings ratio for today is 21.59. PE RATIO(21.59) = STOCK PRICE($47.06) / TTM EPS($2.18)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.