DEA (Easterly Government Properties) PB Ratio: 0.91 (As of Jul. 16, 2026) — 29% Below Median

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DEA Easterly Government Properties Inc DEA
71 GF Score
Price $25.63
GF Value $29.11
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Easterly Government Properties PB Ratio?

Easterly Government Properties DEA +3.22% 71 PB Ratio is 0.91 as of Jul. 16, 2026, which is 29% below its 10-year median of 1.28. GuruFocus rates DEA with a GF Score™ of 71/100 and a GF Value™ of $29.11 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 922 REITs companies, Easterly Government Properties ranks worse than 52.49% 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 (2026-07-16), Easterly Government Properties's share price is $25.63. Easterly Government Properties's Book Value per Share for the quarter that ended in Mar. 2026 was $28.18. Hence, Easterly Government Properties's PB Ratio of today is 0.91.

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

DEA' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.28   Max: 2.1
Current: 0.91

During the past 13 years, Easterly Government Properties's highest PB Ratio was 2.10. The lowest was 0.68. And the median was 1.28.

DEA's PB Ratio is ranked worse than
52.49% of 922 companies
in the REITs industry
Industry Median: 0.86 vs DEA: 0.91

During the past 12 months, Easterly Government Properties'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 -5.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Easterly Government Properties was 200.00% per year. The lowest was -5.90% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio


Easterly Government Properties  (NYSE:DEA) 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.


Easterly Government Properties PB Ratio Related Terms


Easterly Government Properties PB Ratio Historical Data

* Premium members only.

The historical data trend for Easterly Government Properties'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.

Easterly Government Properties PB Ratio Chart

Easterly Government Properties 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 1.61 1.04 1.03 0.93 0.74

Easterly Government Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.89 0.75 0.79 0.74 0.76

DEA vs PDM, HPP, ESBA: PB Ratio Comparison

For the REIT - Office subindustry, Easterly Government Properties'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.


Easterly Government Properties PB Ratio vs REITs Industry

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

* The bar in red indicates where Easterly Government Properties's PB Ratio falls into.


DEA
71GF Score
Easterly Government Properties Inc DEA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Easterly Government Properties 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.

Easterly Government Properties's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=25.63/28.181
=0.91

* 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 0.91 mean?
Easterly Government Properties (DEA) has a PB Ratio of 0.91 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Easterly Government Properties and its competitors. This is 29% below median its historical median of 1.28. Over the past decade, Easterly Government Properties' PB Ratio has ranged from 0.68 to 2.10. According to the industry distribution chart, Easterly Government Properties ranks #484 out of 922 companies in the REITs industry, placing it in the top 52.5%.
Is Easterly Government Properties' PB Ratio too high?
Easterly Government Properties' current PB Ratio of 0.91 is 29% below median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 2.10. The REITs industry median PB Ratio is 0.86. Easterly Government Properties' value of 0.91 is 5.8% above this industry median. Based on the distribution chart, Easterly Government Properties ranks #484 out of 922 companies in the REITs industry, which is below the industry midpoint. Overall, Easterly Government Properties has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Easterly Government Properties' PB Ratio compare to PDM and HPP?
According to the REITs industry distribution chart, Easterly Government Properties ranks #484 out of 922 companies for PB Ratio. This places Easterly Government Properties in the lower half of its industry. The industry median PB Ratio is 0.86. Easterly Government Properties' value of 0.91 is 5.8% above this benchmark. Historically, Easterly Government Properties' own PB Ratio has ranged from 0.68 to 2.10 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 0.86, Easterly Government Properties 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 0.86, based on 922 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. Easterly Government Properties's current PB Ratio of 0.91 is 5.8% 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 Easterly Government Properties and its competitors. For the REITs industry, the median PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Easterly Government Properties's current PB Ratio is 0.91, which is 29% below median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Easterly Government Properties stock overvalued right now?
Based on GuruFocus' analysis, Easterly Government Properties (DEA) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.11, compared to a current price of $25.63 — trading 12% below its estimated fair value. The current PB Ratio is 0.91, which is 29% below median its 10-year median of 1.28 and 5.8% above the REITs industry median of 0.86. Easterly Government Properties' overall GF Score™ is 71/100 with 10 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 Easterly Government Properties (DEA), the current PB Ratio is 0.91 as of Jul. 16, 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 Easterly Government Properties (DEA) Overvalued in 2026?

Based on GuruFocus' analysis, Easterly Government Properties stock appears to be undervalued. The current stock price of $25.63 is trading 12% below its estimated GF Value™ of $29.11. GuruFocus considers Easterly Government Properties to be Modestly Undervalued.

Key valuation signals for DEA:

  • PB Ratio: 0.91 (29% below median its 10-year median of 1.28)
  • GF Value™: $29.11 vs. price of $25.63 (12% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 5.8% above the REITs median (#484 of 922)

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


Easterly Government Properties Business Description

Industry Real EstateREITs
Other Exchanges E050:Germany
Address 2001 K Street NW, Suite 775 North, Washington, DC, USA, 20006
Easterly Government Properties Inc is a real estate investment trust. The company is engaged in the acquisition, development, and management of Class A commercial properties that are leased to U.S. government agencies. It generates all its revenue by leasing its properties to such agencies. The company operates in single segment for the purposes of assessing performance and making operating decisions.
71GF Score

Get the complete analysis for DEA

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

$25.63
Price
$29.11
GF Value