FPI (Farmland Partners) PEG Ratio: 14.53 (As of Jun. 27, 2026) — Near Median


FPI Farmland Partners Inc FPI
71 GF Score
Price $9.91
GF Value $10.91
Valuation Fairly Valued
! 5 Warning Signs
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What is Farmland Partners PEG Ratio?

Farmland Partners FPI +3.23% 71 PEG Ratio is 14.53 as of Jun. 27, 2026, which is 5% above its 10-year median of 13.78. 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 279 REITs companies, Farmland Partners ranks worse than 83.87% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Farmland Partners's PE Ratio without NRI is 26.15. Farmland Partners's 5-Year EBITDA growth rate is 1.80%. Therefore, Farmland Partners's PEG Ratio for today is 14.53.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Farmland Partners's PEG Ratio or its related term are showing as below:

FPI' s PEG Ratio Range Over the Past 10 Years
Min: 9.1   Med: 13.78   Max: 16.63
Current: 14.53


During the past 13 years, Farmland Partners's highest PEG Ratio was 16.63. The lowest was 9.10. And the median was 13.78.


FPI's PEG Ratio is ranked worse than
83.87% of 279 companies
in the REITs industry
Industry Median: 3.29 vs FPI: 14.53

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Farmland Partners  (NYSE:FPI) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Farmland Partners PEG Ratio Related Terms


Farmland Partners PEG Ratio Historical Data

* Premium members only.

The historical data trend for Farmland Partners's PEG 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.

Farmland Partners PEG Ratio Chart

Farmland Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 14.03

Farmland Partners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 0.00 0.00 10.33 14.03 15.27

FPI vs LAND, NLCP, SELF: PEG Ratio Comparison

For the REIT - Specialty subindustry, Farmland Partners's PEG Ratio, along with its competitors' market caps and PEG 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.


Farmland Partners PEG Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Farmland Partners's PEG Ratio falls into.


FPI
71GF Score
Farmland Partners Inc FPI
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Farmland Partners PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Farmland Partners's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=26.147757255937/1.80
=14.53

* 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: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 14.53 mean?
Farmland Partners (FPI) has a PEG Ratio of 14.53 as of Jun. 27, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Farmland Partners and its competitors. This is near median its historical median of 13.78. Over the past decade, Farmland Partners' PEG Ratio has ranged from 9.10 to 16.63. According to the industry distribution chart, Farmland Partners ranks #234 out of 279 companies in the REITs industry, placing it in the top 83.9%.
Is Farmland Partners' PEG Ratio too high?
Farmland Partners' current PEG Ratio of 14.53 is near median its 10-year median of 13.78. Over the past 10 years, this metric has ranged from a low of 9.10 to a high of 16.63. The REITs industry median PEG Ratio is 3.29. Farmland Partners' value of 14.53 is 341.6% above this industry median. Based on the distribution chart, Farmland Partners ranks #234 out of 279 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' PEG Ratio compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #234 out of 279 companies for PEG Ratio. This places Farmland Partners in the lower half of its industry. The industry median PEG Ratio is 3.29. Farmland Partners' value of 14.53 is 341.6% above this benchmark. Historically, Farmland Partners' own PEG Ratio has ranged from 9.10 to 16.63 over the past decade. While the company's 10-year median is 13.78 vs. the industry median of 3.29, 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 PEG Ratio for a REITs company?
The median PEG Ratio among REITs companies is 3.29, based on 279 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current PEG Ratio of 14.53 is 341.6% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Farmland Partners and its competitors. For the REITs industry, the median PEG Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current PEG Ratio is 14.53, which is near median its own 10-year median of 13.78. 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 PEG Ratio is 14.53, which is near median its 10-year median of 13.78 and 341.6% above the REITs industry median of 3.29. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Farmland Partners (FPI), the current PEG Ratio is 14.53 as of Jun. 27, 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:

  • PEG Ratio: 14.53 (near median its 10-year median of 13.78)
  • GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 341.6% above the REITs median (#234 of 279)

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 Business Description

Industry Real EstateREITs
Other Exchanges 0FA:Germany
Address 4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
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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PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.91
Price
$10.91
GF Value