Piedmont Office Realty Trust, Inc. (PDM) P/E Ratio History
Historical price-to-earnings valuation from 2010 to 2023
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PDM Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Piedmont Office Realty Trust, Inc. (PDM) trades at a price-to-earnings ratio of -12.6x, with a stock price of $8.45 and trailing twelve-month earnings per share of $-0.69.
The current P/E is 170% below its 5-year average of 18.1x. Over the past five years, PDM's P/E has ranged from a low of 4.6x to a high of 45.1x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.5x, PDM trades at a 152% discount to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.1x to 195.0x.
Relative to the broader market, PDM trades at a notable discount to the S&P 500 median P/E of 25.2x. 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 PDM 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.
PDM P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 17.8 | - | +54% | |
| $1B | 80.3 | - | -37% | |
| $9B | 34.4 | - | +1833% | |
| $6B | 7.5Lowest | - | +10400%Best | |
| $4B | 15.1 | 2.07Best | +31% | |
| $4B | 111.6 | - | -20% | |
| $43B | 37.7 | 3.24 | +23% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
PDM Historical P/E Data (2010–2023)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $5.62 | $0.44 | 12.7x | -51% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $7.27 | $0.61 | 11.9x | -54% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $7.30 | $0.68 | 10.8x | -58% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $9.17 | $1.57 | 5.8x | -77% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $10.56 | $0.70 | 15.1x | -41% |
| FY2022 Q2 | $13.12 | $0.76 | 17.3x | -33% | |
| FY2022 Q1 | $17.22 | $0.79 | 21.8x | -16% | |
| FY2021 Q3 | $17.43 | $0.43 | 40.5x | +57% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $18.47 | $0.41 | 45.0x | +74% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $17.37 | $1.85 | 9.4x | -64% |
| FY2020 Q4 | $16.23 | $1.84 | 8.8x | -66% | |
| FY2020 Q3 | Wed Sep 30 2020 00:00:00 GM | $13.57 | $2.95 | 4.6x | -82% |
Average P/E for displayed period: 25.8x
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Start ComparisonPDM — Frequently Asked Questions
Quick answers to the most common questions about buying PDM stock.
Is PDM stock overvalued or undervalued?
PDM trades at -12.6x P/E, below its 5-year average of 18.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does PDM's valuation compare to peers?
Piedmont Office Realty Trust, Inc. P/E of -12.6x compares to sector median of 24.5x. The discount suggests lower growth expectations or higher risk.
What is PDM's PEG ratio?
PDM PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2010-2023.