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BNL logoBroadstone Net Lease, Inc. (BNL) P/E Ratio History

Historical price-to-earnings valuation from 2020 to 2026

Current P/E
39.7
Overvalued
5Y Avg P/E
29.6
+34% vs avg
PE Percentile
80%
High
PEG Ratio
15.34
Expensive
TTM EPS$0.64
Price$19.86
5Y PE Range14.4 - 54.0
Earnings Yield2.52%

Loading P/E history...

BNL Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
39.7vs29.6
+34%
Premium vs History
vs. Real Estate
39.7vs24.2
+64%
Above Sector
vs. S&P 500
39.7vs25.1
+58%
Above Market
PEG Analysis
15.34
P/E ÷ EPS Growth
PEG > 2 = Expensive
Based on -42% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Broadstone Net Lease, Inc. (BNL) trades at a price-to-earnings ratio of 39.7x, with a stock price of $19.86 and trailing twelve-month earnings per share of $0.64.

The current P/E is 34% above its 5-year average of 29.6x. Over the past five years, BNL's P/E has ranged from a low of 14.4x to a high of 54.0x, placing the current valuation at the 80th percentile of its historical range.

Compared to the Real Estate sector median P/E of 24.2x, BNL trades at a 64% premium to its sector peers. The sector includes 171 companies with P/E ratios ranging from 1.1x to 196.6x.

The PEG ratio of 15.34 (P/E divided by -42% EPS growth) suggests the stock may be expensive 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, BNL commands a significant premium over the S&P 500 median P/E of 25.1x. 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 BNL 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.

BNL P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
ADC logoADCAgree Realty Corporation
$9B43.1--1%
NNN logoNNNNNN REIT, Inc.
$8B21.51.93-4%
EPRT logoEPRTEssential Properties Realty Trust, Inc.
$7B24.61.03Best+11%
O logoORealty Income Corporation
$58B52.8-+19%
WPC logoWPCW. P. Carey Inc.
$16B35.0-+1%
FCPT logoFCPTFour Corners Property Trust, Inc.
$3B23.4-+2%
NTST logoNTSTNETSTREIT Corp.
$2B254.54.35+150%Best
GTY logoGTYGetty Realty Corp.
$2B24.5-+8%
IIPR logoIIPRInnovative Industrial Properties, Inc.
$2B14.4Lowest3.85-29%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

BNL Historical P/E Data (2020–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q1$18.27$0.6428.5x-9%
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$17.37$0.5034.9x+11%
FY2025 Q3$17.87$0.3354.0x+71%
FY2025 Q2Mon Jun 30 2025 00:00:00 GM$16.05$0.3842.1x+34%
FY2025 Q1Mon Mar 31 2025 00:00:00 GM$17.04$0.4637.0x+17%
FY2024 Q4$15.86$0.7221.9x-30%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$18.95$0.7624.8x-21%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$15.87$0.8319.0x-40%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$15.67$0.9616.3x-48%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$17.22$0.8220.9x-34%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$14.30$0.9914.4x-54%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$15.44$0.8817.5x-44%

Average P/E for displayed period: 31.5x

See BNL's True Return

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Is BNL Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare BNL vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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BNL — Frequently Asked Questions

Quick answers to the most common questions about buying BNL stock.

Is BNL stock overvalued or undervalued?

BNL trades at 39.7x P/E, above its 5-year average of 29.6x. The 80th percentile ranking indicates a premium to historical valuation.

How does BNL's valuation compare to peers?

Broadstone Net Lease, Inc. P/E of 39.7x compares to sector median of 24.2x. The premium reflects expected growth above peers.

What is BNL's PEG ratio?

BNL PEG ratio is 15.34. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2020-2026.

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BNL P/E Ratio History (2020–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.