Ratios

		vs industry	vs history
P/B	1.20	LSE's P/B is ranked higher than 78% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 1.30 vs. LSE: 1.20 )	LSE' s 10-Year P/B Range Min: 0.23   Max: 1.38 Current: 1.2 0.23 1.38
P/S	3.15	LSE's P/S is ranked higher than 85% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 6.20 vs. LSE: 3.15 )	LSE' s 10-Year P/S Range Min: 0.38   Max: 12.46 Current: 3.15 0.38 12.46
EV-to-EBIT	385.82	LSE's EV-to-EBIT is ranked lower than 86% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 28.60 vs. LSE: 385.82 )	LSE' s 10-Year EV-to-EBIT Range Min: 18.5   Max: 3025.4 Current: 385.82 18.5 3025.4

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	3.80	LSE's Dividend Yield is ranked higher than 58% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 4.40 vs. LSE: 3.80 )	LSE' s 10-Year Dividend Yield Range Min: 0.8   Max: 38.96 Current: 3.8 0.8 38.96
Dividend growth (3y)	7	LSE's Dividend growth (3y) is ranked higher than 61% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: -8.45 vs. LSE: 7 )	LSE' s 10-Year Dividend growth (3y) Range Min: 0   Max: 33.7 Current: 7 0 33.7
Yield on cost (5-Year)	1.99	LSE's Yield on cost (5-Year) is ranked lower than 78% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 4.00 vs. LSE: 1.99 )	LSE' s 10-Year Yield on cost (5-Year) Range Min: 0.41   Max: 19.87 Current: 1.99 0.41 19.87
Share Buyback Rate	-8	LSE's Share Buyback Rate is ranked higher than 57% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: -7.50 vs. LSE: -8 )	LSE' s 10-Year Share Buyback Rate Range Min: 0   Max: -67 Current: -8

Valuation & Return

		vs industry	vs history
Price/Tangible Book	1.2	LSE's Price/Tangible Book is ranked lower than 77% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 1.30 vs. LSE: 1.2 )	LSE' s 10-Year Price/Tangible Book Range Min: 0.2   Max: 1.2 Current: 1.2 0.2 1.2
Price/DCF (Projected)	1.5	LSE's Price/DCF (Projected) is ranked higher than 62% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 2.20 vs. LSE: 1.5 )	LSE' s 10-Year Price/DCF (Projected) Range Min: 0.2   Max: 1 Current: 1.5 0.2 1
Price/Median PS Value	1.7	LSE's Price/Median PS Value is ranked higher than 60% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 1.10 vs. LSE: 1.7 )	LSE' s 10-Year Price/Median PS Value Range Min: 0.2   Max: 6.1 Current: 1.7 0.2 6.1
Price/Graham Number	1.4	LSE's Price/Graham Number is ranked higher than 68% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 1.30 vs. LSE: 1.4 )	LSE' s 10-Year Price/Graham Number Range Min: 0.9   Max: 3.1 Current: 1.4 0.9 3.1
Earnings Yield (Greenblatt)	0.30	LSE's Earnings Yield (Greenblatt) is ranked lower than 64% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: 2.60 vs. LSE: 0.30 )	LSE' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.1   Max: 5.4 Current: 0.3 0.1 5.4
Forward Rate of Return (Yacktman)	-23.15	LSE's Forward Rate of Return (Yacktman) is ranked higher than 78% of the 249 Companies in the Global REIT - Office industry. ( Industry Median: -7.64 vs. LSE: -23.15 )	LSE' s 10-Year Forward Rate of Return (Yacktman) Range Min: -61.6   Max: 11.3 Current: -23.15 -61.6 11.3

Business Description

CapLease, Inc. was incorporated in Maryland. The Company completed its initial public offering in March 2004. It is a real estate investment trust, or REIT, that invests mainly in single tenant commercial real estate assets subject to long-term leases to high credit quality tenants. It focuses on properties that are subject to a net lease, or a lease that requires the tenant to pay all or substantially all expenses normally associated with the ownership of the property, such as utilities, real estate taxes, insurance and routine maintenance. The Company also has made and expects to continue to make investments in single tenant properties where the owner has exposure to property expenses when it determines it could sufficiently underwrite that exposure and isolate a predictable cash flow. The Company has two complimentary business lines: owning single tenant properties and making first mortgage loans and other debt investments on single tenant properties. It conducts its business through a number of subsidiaries. The Company owns most of its owned properties through its predecessor and operating partnership, Caplease, LP (the 'Operating Partnership'). It is the indirect sole general partner of, and owns approximately 99.6% of the common equity of, the Operating Partnership. The Company is subject to competition in each of its business segments. It competes with specialty finance companies, insurance companies, commercial banks, investment banks, savings and loan associations, mortgage bankers, mutual funds, institutional investors, pension funds, hedge funds, other lenders, governmental bodies and individuals and other entities, including REITs. The real properties the Company owns are subject to federal, state and local environmental laws.
Company Website
SEC Reports

Industry:	REIT - Office
Compare:	SLG, ARE, HIW, PKY, SIR
Traded in other countries:	DBJ.Germany

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