Farmland PartnersFPI +3.23%71 Median PS Value is $7.06 as of Jun. 26, 2026, which is 347% above its 10-year median of 1.58. GuruFocus rates FPI with a GF Score™ of 71/100 and a GF Value™ of $10.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 413 REITs companies, Farmland Partners ranks worse than 89.1% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Farmland Partners's Median PS Value or its related term are showing as below:
FPI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.34 Med: 1.58 Max: 1.84
Current: 1.4
During the past 13 years, the highest Price to Median PS Value of Farmland Partners was 1.84. The lowest was 1.34. And the median was 1.58.
FPI's Price-to-Median-PS-Value is ranked worse than 89.1% of 413
companies
in the REITs industry
Industry Median: 0.87
vs FPI: 1.40
Farmland Partners (NYSE:FPI) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Farmland Partners's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
9.91
/
7.06
=
1.40
* 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.
Farmland Partners Median PS Value Related Terms
Farmland Partners Median PS Value Historical Data
* Premium members only.
The historical data trend for Farmland Partners's Median PS Value 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.
FPI vs LAND, NLCP, SELF: Median PS Value Comparison
For the REIT - Specialty subindustry, Farmland Partners's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Farmland Partners Price-to-Median-PS-Value vs REITs Industry
For the REITs industry and Real Estate sector, Farmland Partners's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Farmland Partners's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 7.2709.
Farmland Partners's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.971.
* 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.
Farmland Partners (FPI) has a Median PS Value of $7.06 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Farmland Partners and its competitors. This is 347% above median its historical median of 1.58. Over the past decade, Farmland Partners' Median PS Value has ranged from 1.34 to 1.84. According to the industry distribution chart, Farmland Partners ranks #368 out of 413 companies in the REITs industry, placing it in the top 89.1%.
Is Farmland Partners' Median PS Value too high?
Farmland Partners' current Median PS Value of $7.06 is 347% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 1.84. The REITs industry median Median PS Value is 0.87. Farmland Partners' value of $7.06 is 711.5% above this industry median. Based on the distribution chart, Farmland Partners ranks #368 out of 413 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Median PS Value compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #368 out of 413 companies for Median PS Value. This places Farmland Partners in the lower half of its industry. The industry median Median PS Value is 0.87. Farmland Partners' value of $7.06 is 711.5% above this benchmark. Historically, Farmland Partners' own Median PS Value has ranged from 1.34 to 1.84 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.87, Farmland Partners has consistently been above 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 Median PS Value for a REITs company?
The median Median PS Value among REITs companies is 0.87, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current Median PS Value of $7.06 is 711.5% above 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Farmland Partners and its competitors. For the REITs industry, the median Median PS Value is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current Median PS Value is $7.06, which is 347% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Fairly Valued. The stock's GF Value™ is $10.91, compared to a current price of $9.91 — trading 9.2% below its estimated fair value. The current Median PS Value is $7.06, which is 347% above median its 10-year median of 1.58 and 711.5% above the REITs industry median of 0.87. Farmland Partners' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Farmland Partners (FPI), the current Median PS Value is $7.06 as of Jun. 26, 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 Farmland Partners (FPI) Overvalued in 2026?
Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued.
The current stock price of $9.91 is trading 9.2% below its estimated GF Value™ of $10.91.
GuruFocus considers Farmland Partners to be Fairly Valued.
Key valuation signals for FPI:
Median PS Value: $7.06 (347% above median its 10-year median of 1.58)
GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
Industry Position: 711.5% above the REITs median (#368 of 413)
No single metric tells the full story. See the FPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
71GF Score
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