Alexander & Baldwin, Inc. (ALEX) P/E Ratio History
UndervaluedTrading at 23.4x vs 5Y avg 48.5x · 35th percentile · Below historical baseline · Data 2012–2025
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P/E Ratio Analysis
As of June 22, 2026, Alexander & Baldwin, Inc. (ALEX) trades at a price-to-earnings ratio of 23.4x, with a stock price of $20.84 and trailing twelve-month earnings per share of $0.89.
The current P/E is 52% below its 5-year average of 48.5x. Over the past five years, ALEX's P/E has ranged from a low of 5.3x to a high of 214.8x, placing the current valuation at the 35th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.1x, ALEX is roughly in line with its sector peers. The sector includes 174 companies with P/E ratios ranging from 0.7x to 195.6x.
The PEG ratio of 0.37 (P/E divided by 7% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, ALEX trades roughly in line with the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ALEX DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
ALEX Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ALEX P/E vs Peers
Retail-Oriented Diversified REITs peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 30.1 | - | +23% | |
| $5B | 45.7 | 0.58 | +75%Best | |
| $16B | 29.4 | - | +51% | |
| $14B | 27.3 | 0.45 | +34% | |
| $9B | 24.7 | - | +13% | |
| $250M | 1.4Lowest | 0.04Best | -65% | |
| $3B | 222.4 | - | -50% | |
| $39B | 34.2 | 2.94 | +23% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ALEX Historical P/E Data (2012–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Dec 31 2025 | $20.64 | $0.88 | 23.4x | -54% |
| FY2025 Q3 | - | $18.19 | $1.00 | 18.2x | -65% |
| FY2025 Q2 | Jun 30 2025 | $17.83 | $1.06 | 16.8x | -67% |
| FY2025 Q1 | Mar 31 2025 | $17.23 | $0.85 | 20.3x | -60% |
| FY2024 Q4 | - | $17.74 | $0.84 | 21.1x | -59% |
| FY2024 Q3 | Sep 30 2024 | $19.20 | $0.62 | 30.9x | -40% |
| FY2024 Q2 | Jun 30 2024 | $16.96 | $0.56 | 30.2x | -41% |
| FY2024 Q1 | Mar 31 2024 | $16.47 | $0.61 | 26.9x | -48% |
| FY2023 Q4 | Dec 31 2023 | $19.02 | $0.40 | 47.0x | -8% |
| FY2022 Q3 | Sep 30 2022 | $16.58 | $0.36 | 45.7x | -11% |
| FY2022 Q2 | - | $17.95 | $0.37 | 49.0x | -4% |
| FY2022 Q1 | - | $23.19 | $0.49 | 47.3x | -8% |
| FY2021 Q4 | Dec 31 2021 | $25.09 | $0.49 | 51.2x | -0% |
| FY2021 Q3 | - | $23.44 | $0.42 | 55.2x | +8% |
| FY2021 Q2 | Jun 30 2021 | $18.32 | $0.38 | 48.9x | -5% |
| FY2021 Q1 | Mar 31 2021 | $16.79 | $0.13 | 129.2x | +152% |
| FY2020 Q4 | - | $17.18 | $0.08 | 214.8x | +319% |
| FY2020 Q3 | Sep 30 2020 | $11.21 | $0.14 | 83.0x | +62% |
| FY2018 Q3 | Sep 30 2018 | $22.69 | $4.31 | 5.3x | -90% |
| FY2018 Q2 | Jun 30 2018 | $23.50 | $4.24 | 5.5x | -89% |
| FY2018 Q1 | Mar 31 2018 | $23.13 | $4.30 | 5.4x | -90% |
| FY2017 Q4 | Dec 31 2017 | $27.74 | $3.78 | 7.3x | -86% |
| FY2017 Q3 | Sep 30 2017 | $30.90 | $0.36 | 86.3x | +68% |
| FY2017 Q2 | Jun 30 2017 | $27.60 | $0.19 | 145.6x | +184% |
| FY2017 Q1 | Mar 31 2017 | $29.69 | $0.09 | 348.1x | +579% |
| FY2015 Q4 | - | $23.55 | $0.57 | 41.3x | -19% |
| FY2015 Q3 | Sep 30 2015 | $22.90 | $0.99 | 23.1x | -55% |
| FY2015 Q2 | - | $26.28 | $1.09 | 24.1x | -53% |
| FY2015 Q1 | - | $28.80 | $1.08 | 26.7x | -48% |
| FY2014 Q4 | Dec 31 2014 | $26.19 | $1.25 | 21.0x | -59% |
| FY2014 Q3 | - | $23.99 | $1.54 | 15.6x | -70% |
| FY2014 Q2 | Jun 30 2014 | $27.65 | $1.43 | 19.3x | -62% |
| FY2014 Q1 | Mar 31 2014 | $28.39 | $1.35 | 21.0x | -59% |
| FY2013 Q4 | - | $27.83 | $0.79 | 35.2x | -31% |
| FY2013 Q3 | Sep 30 2013 | $24.03 | $0.53 | 45.3x | -12% |
| FY2013 Q2 | Jun 30 2013 | $26.51 | $0.74 | 35.8x | -30% |
| FY2013 Q1 | Mar 31 2013 | $23.85 | $0.53 | 45.0x | -12% |
| FY2012 Q4 | Dec 31 2012 | $19.59 | $0.59 | 33.2x | -35% |
Average P/E for displayed period: 51.3x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ALEX — Frequently Asked Questions
Quick answers to the most common questions about buying ALEX stock.
What is ALEX's P/E ratio?
Alexander & Baldwin, Inc. (ALEX) trailing twelve-month P/E ratio is 23.4x, based on TTM diluted EPS of $0.89. The 5-year average P/E is 48.5x and the historical range spans 5.3x to 214.8x.
Is ALEX stock overvalued or undervalued?
ALEX trades at 23.4x P/E, below its 5-year average of 48.5x. At the 35th percentile of its historical range (5.3x–214.8x), the stock is priced at a discount to its own history.
Is ALEX stock expensive?
No, ALEX is not expensive on a historical basis. The current P/E of 23.4x is below the 5-year average of 48.5x and sits at the 35th percentile of its valuation range.
What is ALEX's historical P/E range?
Over the past 5 years, ALEX's P/E ratio has ranged from 5.3x to 214.8x, with a median of 45.7x and an average of 48.5x. The current P/E of 23.4x places the stock at the 35th percentile of this range. Full historical data spans 2012–2025.
How does ALEX's P/E compare to the S&P 500?
ALEX trades at 23.4x P/E versus the S&P 500 median of 24.4x. The 4% discount to the market suggests lower growth expectations or perceived higher risk.
How does ALEX's valuation compare to Real Estate peers?
Alexander & Baldwin, Inc. P/E of 23.4x compares to the Real Estate sector median of 24.1x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ALEX's PEG ratio?
ALEX PEG ratio is 0.37, based on a P/E of 23.4x and EPS growth of 7.2%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is ALEX's earnings yield?
ALEX earnings yield is 4.27%, the inverse of its 23.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.