Farmland Partners (FPI) Price to Book (2014 - 2026)
Farmland Partners' (FPI) Price to Book came in at 1.16 for Q3 2026, up 13.3% from 1.03 a year earlier and up 27.3% from the prior quarter.
Powered by 
Analysis
Farmland Partners (FPI) Price to Book (2014 - 2026) Analysis & Trends
For FY2025, Farmland Partners' Price to Book stood at 0.89, down 18.2% from FY2024.
- Annual Price to Book has declined for three consecutive years.
- In prior years, Farmland Partners' Price to Book was 1.09 in FY2024 (-3.6%), 1.13 in FY2023 (-0.6%), 1.14 in FY2022 (+29.9%) and 0.88 in FY2021 (+0.9%).
- The Q3 2026 figure stands as the highest quarterly Price to Book since Q3 2022.
- On a year-over-year basis, Price to Book increased in five of the last eight quarters, with an average decline of 1.6%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q4 2022, with growth of 29.9%; the weakest was Q1 2023, with a decline of 24.8%.
- According to Business Quant data, Price to Book for the three prior quarters was 0.91 (Q2 2026), 1.06 (Q1 2026) and 0.89 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 6.36 Bn | 4.10 Bn | 180.20 Mn |
| 2 | Farmland Partners | 368.99 Mn | 325.63 Mn | 8.08 Mn |
| 3 | Gladstone Land | 297.85 Mn | 234.49 Mn | 31.47 Mn |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn |
| 5 | BrasilAgro - Brazilian Agricultural Real Estate | 331.67 Mn | 113.18 Mn | - |
| 6 | Alico | 277.15 Mn | 95.80 Mn | 4.05 Mn |
| 7 | Ckx Lands | 36.57 Mn | -31.38 Mn | 165,707.00 |
| 8 | Power REIT | 2.59 Mn | -7.48 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.12 |
| Jun 30, 2026 | 0.91 |
| Mar 31, 2026 | 1.06 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 1.03 |
| Jun 30, 2025 | 1.08 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 1.09 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 1.06 |
| Mar 31, 2024 | 1.01 |
| Dec 31, 2023 | 1.13 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 1.14 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 1.28 |
| Mar 31, 2022 | 1.31 |
| Dec 31, 2021 | 0.88 |
API Access
Farmland Partners Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "FPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();