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Piedmont Realty TrustPDM -2.71%66 Piotroski F-Score is 4 as of Aug. 03, 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates PDM with a GF Score™ of 66/100 and a GF Value™ of $7.56 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 872 REITs companies, Piedmont Realty Trust ranks worse than 75.69% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Piedmont Realty Trust has an F-score of 4 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Piedmont Realty Trust's Piotroski F-Score or its related term are showing as below:
PDM'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 4
During the past 13 years, the highest Piotroski F-Score of Piedmont Realty Trust was 9. The lowest was 3. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Piedmont Realty Trust Piotroski F-Score Related Terms
Piedmont Realty Trust Piotroski F-Score Historical Data
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The historical data trend for Piedmont Realty Trust's Piotroski F-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PDM vs DEA, ESBA, HPP: Piotroski F-Score Comparison
For the REIT - Office subindustry, Piedmont Realty Trust's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Piedmont Realty Trust Piotroski F-Score vs REITs Industry
For the REITs industry and Real Estate sector, Piedmont Realty Trust's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Piedmont Realty Trust's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Piedmont Realty Trust's current Net Income (TTM) was -80.7.
==> Negative ==> Score 0.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Piedmont Realty Trust's current Cash Flow from Operations (TTM) was 179.2.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Piedmont Realty Trust's return on assets of this year was -0.02028233. Piedmont Realty Trust's return on assets of last year was -0.01644984.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Piedmont Realty Trust's gearing of this year was 0.5652893. Piedmont Realty Trust's gearing of last year was 0.540923.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Piedmont Realty Trust's current ratio of this year was 0.8498313. Piedmont Realty Trust's current ratio of last year was 0.97160433.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Piedmont Realty Trust's number of shares in issue this year was 125.082. Piedmont Realty Trust's number of shares in issue last year was 124.459.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Piedmont Realty Trust's gross margin of this year was 0.6002304. Piedmont Realty Trust's gross margin of last year was 0.59392009.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Piedmont Realty Trust's asset turnover of this year was 0.14306416. Piedmont Realty Trust's asset turnover of last year was 0.13598234.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Piedmont Realty Trust has an F-score of 4 indicating the company's financial situation is typical for a stable company.
Piedmont Realty Trust (PDM) has a Piotroski F-Score of 4 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Piedmont Realty Trust and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Piedmont Realty Trust's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Piedmont Realty Trust ranks #660 out of 872 companies in the REITs industry, placing it in the top 75.7%.
Is Piedmont Realty Trust's Piotroski F-Score too high?
Piedmont Realty Trust's current Piotroski F-Score of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The REITs industry median Piotroski F-Score is 6.00. Piedmont Realty Trust's value of 4 is 33.3% below this industry median. Based on the distribution chart, Piedmont Realty Trust ranks #660 out of 872 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Piedmont Realty Trust has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piedmont Realty Trust's Piotroski F-Score compare to DEA and ESBA?
According to the REITs industry distribution chart, Piedmont Realty Trust ranks #660 out of 872 companies for Piotroski F-Score. This places Piedmont Realty Trust in the lower half of its industry. The industry median Piotroski F-Score is 6.00. Piedmont Realty Trust's value of 4 is 33.3% below this benchmark. Historically, Piedmont Realty Trust's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Piedmont Realty Trust has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a REITs company?
The median Piotroski F-Score among REITs companies is 6.00, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Piedmont Realty Trust's current Piotroski F-Score of 4 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Piedmont Realty Trust and its competitors. For the REITs industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piedmont Realty Trust's current Piotroski F-Score is 4, which is 33% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piedmont Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Piedmont Realty Trust (PDM) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.56, compared to a current price of $9.69 — trading 28.2% above its estimated fair value. The current Piotroski F-Score is 4, which is 33% below median its 10-year median of 6.00 and 33.3% below the REITs industry median of 6.00. Piedmont Realty Trust's overall GF Score™ is 66/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Piedmont Realty Trust (PDM), the current Piotroski F-Score is 4 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Piedmont Realty Trust (PDM) Overvalued in 2026?
Based on GuruFocus' analysis, Piedmont Realty Trust stock appears to be overvalued.
The current stock price of $9.69 is trading 28.2% above its estimated GF Value™ of $7.56.
GuruFocus considers Piedmont Realty Trust to be Modestly Overvalued.
Key valuation signals for PDM:
Piotroski F-Score: 4 (33% below median its 10-year median of 6.00)
GF Value™: $7.56 vs. price of $9.69 (28.2% above fair value)
Industry Position: 33.3% below the REITs median (#660 of 872)
No single metric tells the full story. See the PDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piedmont Realty Trust Inc is a fully integrated, self-managed real estate investment company focused on delivering an exceptional office environment. As an owner, manager, developer and operator of 16 MM SF of Class A properties across U.S. Sunbelt markets, Piedmont Realty Trust is known for its hospitality-driven approach and commitment to transforming buildings into Piedmont PLACEs that enhance each client's workplace experience.
66GF Score
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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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