EPRT (Essential Properties Realty Trust) PB Ratio: 1.49 (As of Aug. 30, 2026) — Near Median

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EPRT Essential Properties Realty Trust Inc EPRT
88 GF Score
Price $30.37
GF Value $34.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Essential Properties Realty Trust PB Ratio?

Essential Properties Realty Trust EPRT +0.03% 88 PB Ratio is 1.49 as of Aug. 30, 2026, which is 1% below its 10-year median of 1.50. GuruFocus rates EPRT with a GF Score™ of 88/100 and a GF Value™ of $34.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 915 REITs companies, Essential Properties Realty Trust ranks worse than 86.45% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-30), Essential Properties Realty Trust's share price is $30.37. Essential Properties Realty Trust's Book Value per Share for the quarter that ended in Jun. 2026 was $20.38. Hence, Essential Properties Realty Trust's PB Ratio of today is 1.49.

The historical rank and industry rank for Essential Properties Realty Trust's PB Ratio or its related term are showing as below:

EPRT' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.5   Max: 2.39
Current: 1.49

During the past 10 years, Essential Properties Realty Trust's highest PB Ratio was 2.39. The lowest was 0.69. And the median was 1.50.

EPRT's PB Ratio is ranked worse than
86.45% of 915 companies
in the REITs industry
Industry Median: 0.84 vs EPRT: 1.49

During the past 12 months, Essential Properties Realty Trust's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Essential Properties Realty Trust was 49.60% per year. The lowest was 4.60% per year. And the median was 7.00% per year.

Back to Basics: PB Ratio


Essential Properties Realty Trust  (NYSE:EPRT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Essential Properties Realty Trust PB Ratio Related Terms


Essential Properties Realty Trust PB Ratio Historical Data

* Premium members only.

The historical data trend for Essential Properties Realty Trust's PB Ratio 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.

Essential Properties Realty Trust PB Ratio Chart

Essential Properties Realty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 1.34 1.41 1.65 1.48

Essential Properties Realty Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.54 1.48 1.50 1.46

EPRT vs MAC, KRG, PECO: PB Ratio Comparison

For the REIT - Retail subindustry, Essential Properties Realty Trust's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Essential Properties Realty Trust PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Essential Properties Realty Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Essential Properties Realty Trust's PB Ratio falls into.


EPRT
88GF Score
Essential Properties Realty Trust Inc EPRT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essential Properties Realty Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Essential Properties Realty Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=30.37/20.384
=1.49

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.49 mean?
Essential Properties Realty Trust (EPRT) has a PB Ratio of 1.49 as of Aug. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Essential Properties Realty Trust and its competitors. This is near median its historical median of 1.50. Over the past decade, Essential Properties Realty Trust's PB Ratio has ranged from 0.69 to 2.39. According to the industry distribution chart, Essential Properties Realty Trust ranks #791 out of 915 companies in the REITs industry, placing it in the top 86.4%.
Is Essential Properties Realty Trust's PB Ratio too high?
Essential Properties Realty Trust's current PB Ratio of 1.49 is near median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.39. The REITs industry median PB Ratio is 0.84. Essential Properties Realty Trust's value of 1.49 is 77.4% above this industry median. Based on the distribution chart, Essential Properties Realty Trust ranks #791 out of 915 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Essential Properties Realty Trust has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Essential Properties Realty Trust's PB Ratio compare to MAC and KRG?
According to the REITs industry distribution chart, Essential Properties Realty Trust ranks #791 out of 915 companies for PB Ratio. This places Essential Properties Realty Trust in the lower half of its industry. The industry median PB Ratio is 0.84. Essential Properties Realty Trust's value of 1.49 is 77.4% above this benchmark. Historically, Essential Properties Realty Trust's own PB Ratio has ranged from 0.69 to 2.39 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 0.84, Essential Properties Realty Trust 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 PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.84, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Essential Properties Realty Trust's current PB Ratio of 1.49 is 77.4% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Essential Properties Realty Trust and its competitors. For the REITs industry, the median PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essential Properties Realty Trust's current PB Ratio is 1.49, which is near median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essential Properties Realty Trust stock overvalued right now?
Based on GuruFocus' analysis, Essential Properties Realty Trust (EPRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $34.17, compared to a current price of $30.37 — trading 11.1% below its estimated fair value. The current PB Ratio is 1.49, which is near median its 10-year median of 1.50 and 77.4% above the REITs industry median of 0.84. Essential Properties Realty Trust's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Essential Properties Realty Trust (EPRT), the current PB Ratio is 1.49 as of Aug. 30, 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 Essential Properties Realty Trust (EPRT) Overvalued in 2026?

Based on GuruFocus' analysis, Essential Properties Realty Trust stock appears to be undervalued. The current stock price of $30.37 is trading 11.1% below its estimated GF Value™ of $34.17. GuruFocus considers Essential Properties Realty Trust to be Modestly Undervalued.

Key valuation signals for EPRT:

  • PB Ratio: 1.49 (near median its 10-year median of 1.50)
  • GF Value™: $34.17 vs. price of $30.37 (11.1% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 77.4% above the REITs median (#791 of 915)

No single metric tells the full story. See the EPRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Essential Properties Realty Trust Business Description

Industry Real EstateREITs
Other Exchanges 2OU:Germany
Address 5 Vaughn Drive, Suite 202, Princeton, NJ, USA, 08540
Essential Properties Realty Trust Inc is a real estate investment trust. It is an internally managed real estate company acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses. The Company generally invests in and leases freestanding, single-tenant commercial real estate facilities where a tenant services its customers and conducts activities that are essential to the generation of the tenant's sales and profits.
88GF Score

Get the complete analysis for EPRT

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$30.37
Price
$34.17
GF Value