Essential Properties Realty Trust, Inc. (EPRT) P/E Ratio History
UndervaluedTrading at 21.0x vs 5Y avg 25.5x · 20th percentile · Below historical baseline · Data 2018–2026
Loading P/E history...
P/E Ratio Analysis
As of September 24, 2026, Essential Properties Realty Trust, Inc. (EPRT) trades at a price-to-earnings ratio of 21.0x, with a stock price of $26.87 and trailing twelve-month earnings per share of $1.25.
The current P/E is 18% below its 5-year average of 25.5x. Over the past five years, EPRT's P/E has ranged from a low of 18.3x to a high of 45.0x, placing the current valuation at the 20th percentile of its historical range.
Compared to the Real Estate sector median P/E of 22.2x, EPRT is roughly in line with its sector peers. The sector includes 175 companies with P/E ratios ranging from 0.0x to 184.4x.
The PEG ratio of 0.88 (P/E divided by 11% 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, EPRT trades roughly in line with the S&P 500 median P/E of 25.3x. 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 EPRT 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.
EPRT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
EPRT P/E vs Peers
Net Lease and Ground Lease REITs peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $8B | 20.0 | 1.79 | -4% | |
| $8B | 37.9 | - | -1% | |
| $2B | 224.0 | 3.78 | +151%Best | |
| $52B | 47.5 | - | +19% | |
| $15B | 31.5 | - | +1% | |
| $2B | 20.4 | - | +2% | |
| $2B | 21.4 | - | +8% | |
| $94B | 30.7 | 1.47 | +7% | |
| $14B | 10.3Lowest | 1.00Best | -24% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
EPRT Historical P/E Data (2018–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | - | $29.85 | $1.29 | 23.1x | -22% |
| FY2026 Q1 | - | $30.36 | $1.27 | 23.9x | -20% |
| FY2025 Q4 | Dec 31 2025 | $29.66 | $1.28 | 23.2x | -22% |
| FY2025 Q3 | - | $29.76 | $1.24 | 24.0x | -19% |
| FY2025 Q2 | Jun 30 2025 | $31.91 | $1.18 | 27.0x | -9% |
| FY2025 Q1 | Mar 31 2025 | $32.64 | $1.15 | 28.4x | -5% |
| FY2024 Q4 | - | $31.28 | $1.14 | 27.4x | -8% |
| FY2024 Q3 | Sep 30 2024 | $34.15 | $1.15 | 29.7x | -0% |
| FY2024 Q2 | Jun 30 2024 | $27.71 | $1.17 | 23.7x | -20% |
| FY2024 Q1 | Mar 31 2024 | $26.66 | $1.23 | 21.7x | -27% |
| FY2023 Q4 | Dec 31 2023 | $25.56 | $1.24 | 20.6x | -31% |
| FY2023 Q3 | Sep 30 2023 | $21.63 | $1.18 | 18.3x | -38% |
| FY2023 Q2 | Jun 30 2023 | $23.54 | $1.15 | 20.5x | -31% |
| FY2023 Q1 | Mar 31 2023 | $24.85 | $1.07 | 23.2x | -22% |
| FY2022 Q4 | Dec 31 2022 | $23.47 | $0.99 | 23.7x | -20% |
| FY2022 Q3 | Sep 30 2022 | $19.45 | $0.98 | 19.8x | -33% |
| FY2022 Q2 | - | $21.49 | $0.95 | 22.6x | -24% |
| FY2022 Q1 | - | $25.30 | $0.88 | 28.8x | -3% |
| FY2021 Q4 | Dec 31 2021 | $28.83 | $0.81 | 35.6x | +20% |
| FY2021 Q3 | - | $27.92 | $0.62 | 45.0x | +51% |
| FY2021 Q2 | Jun 30 2021 | $27.04 | $0.52 | 52.0x | +75% |
| FY2021 Q1 | Mar 31 2021 | $22.83 | $0.43 | 53.1x | +78% |
| FY2020 Q4 | - | $21.20 | $0.44 | 48.2x | +62% |
| FY2020 Q3 | Sep 30 2020 | $18.32 | $0.57 | 32.1x | +8% |
| FY2020 Q2 | - | $14.84 | $0.62 | 23.9x | -20% |
| FY2020 Q1 | - | $13.06 | $0.65 | 20.1x | -32% |
| FY2019 Q4 | - | $24.81 | $0.63 | 39.4x | +32% |
| FY2019 Q3 | Sep 30 2019 | $22.91 | $0.58 | 39.5x | +33% |
| FY2019 Q2 | Jun 30 2019 | $20.04 | $0.52 | 38.5x | +30% |
| FY2019 Q1 | Mar 31 2019 | $19.52 | $0.44 | 44.6x | +50% |
| FY2018 Q4 | Dec 31 2018 | $13.84 | $0.40 | 34.3x | +15% |
| FY2018 Q3 | Sep 30 2018 | $14.19 | $0.66 | 21.4x | -28% |
| FY2018 Q2 | Jun 30 2018 | $13.54 | $0.56 | 24.3x | -18% |
Average P/E for displayed period: 29.8x
EPRT Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
EPRT — Frequently Asked Questions
Quick answers to the most common questions about buying EPRT stock.
What is EPRT's P/E ratio?
Essential Properties Realty Trust, Inc. (EPRT) trailing twelve-month P/E ratio is 21.0x, based on TTM diluted EPS of $1.25. The 5-year average P/E is 25.5x and the historical range spans 18.3x to 45.0x.
Is EPRT stock overvalued or undervalued?
EPRT trades at 21.0x P/E, near its 5-year average of 25.5x. The 20th percentile ranking within the 18.3x–45.0x historical range places valuation within normal bounds.
Is EPRT stock expensive?
EPRT is fairly valued relative to its own history. The current P/E of 21.0x is near the 5-year average of 25.5x (20th percentile of historical range).
What is EPRT's historical P/E range?
Over the past 5 years, EPRT's P/E ratio has ranged from 18.3x to 45.0x, with a median of 23.7x and an average of 25.5x. The current P/E of 21.0x places the stock at the 20th percentile of this range. Full historical data spans 2018–2026.
How does EPRT's P/E compare to the S&P 500?
EPRT trades at 21.0x P/E versus the S&P 500 median of 25.3x. The 17% discount to the market suggests lower growth expectations or perceived higher risk.
How does EPRT's valuation compare to Real Estate peers?
Essential Properties Realty Trust, Inc. P/E of 21.0x compares to the Real Estate sector median of 22.2x. 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 EPRT's PEG ratio?
EPRT PEG ratio is 0.88, based on a P/E of 21.0x and EPS growth of 11.3%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is EPRT's earnings yield?
EPRT earnings yield is 4.76%, the inverse of its 21.0x 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.