NETSTREIT Corp. (NTST) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2024
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 1, 2026, NETSTREIT Corp. (NTST) trades at a price-to-earnings ratio of 259.6x, with a stock price of $20.77 and trailing twelve-month earnings per share of $0.00.
The current P/E is 15% above its 5-year average of 225.7x. Over the past five years, NTST's P/E has ranged from a low of 94.3x to a high of 864.0x, placing the current valuation at the 85th percentile of its historical range.
Compared to the Real Estate sector median P/E of 23.4x, NTST trades at a 1011% premium to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.8x to 176.8x.
The PEG ratio of 4.44 (P/E divided by 150% 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, NTST commands a significant premium over the S&P 500 median P/E of 26.2x. 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 NTST 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.
Peer Comparison
P/E metrics vs. Net Lease Retail REITs peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
ORealty Income Corporation | $63B | 57.3 | - | +19% |
NNNNNN REIT, Inc. | $9B | 21.9Lowest | 1.96Best | -4% |
FCPTFour Corners Property Trust, Inc. | $3B | 23.4 | - | +2% |
GTYGetty Realty Corp. | $2B | 23.4 | - | +12% |
NTSTNETSTREIT Corp. | $2B | 259.6 | 4.44 | +150%Best |
ADCAgree Realty Corporation | $236M | 45.5 | - | -1% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $16.10 | $0.07 | 220.2x | -2% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $18.37 | $0.09 | 201.4x | -11% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $17.85 | $0.10 | 174.8x | -23% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $15.58 | $0.12 | 125.3x | -44% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $17.87 | $0.09 | 194.2x | -14% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $18.28 | $0.14 | 126.1x | -44% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $18.33 | $0.16 | 114.6x | -49% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $17.81 | $0.16 | 111.3x | -51% |
| FY2022 Q2 | $18.87 | $0.20 | 94.3x | -58% | |
| FY2022 Q1 | $22.44 | $0.09 | 240.5x | +7% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $22.90 | $0.07 | 312.4x | +38% |
| FY2021 Q3 | $23.65 | $0.15 | 154.3x | -32% |
Average P/E for displayed period: 225.7x
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Start ComparisonFrequently Asked Questions
Is NTST stock overvalued or undervalued?
NTST trades at 259.6x P/E, near its 5-year average of 225.7x. The 85th percentile ranking places valuation within normal historical bounds.
How does NTST's valuation compare to peers?
NETSTREIT Corp. P/E of 259.6x compares to sector median of 23.4x. The premium reflects expected growth above peers.
What is NTST's PEG ratio?
NTST PEG ratio is 4.44. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2024.