Farmland Partners (FPI) Price to Book (2014 - 2026)
Farmland Partners' (FPI) Price to Book came in at 0.91 for Q2 2026, down 15.4% from 1.08 a year earlier and down 13.7% from the prior quarter.
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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%).
- Quarterly Price to Book has run from a low of 0.88 in Q4 2021 to a high of 1.31 in Q1 2022 over five years.
- On a year-over-year basis, Price to Book increased in five of the last eight quarters, with an average decline of 2.8%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q3 2021, with growth of 88.9%; 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 1.06 (Q1 2026), 0.89 (Q4 2025) and 1.03 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 5.48 Bn | 2.67 Bn | 75.67 Mn |
| 2 | Farmland Partners | 496.06 Mn | 499.17 Mn | 8.52 Mn |
| 3 | Gladstone Land | 408.07 Mn | 408.07 Mn | 12.44 Mn |
| 4 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn |
| 5 | Alico | 286.12 Mn | 104.77 Mn | 4.05 Mn |
| 6 | Ckx Lands | 21.52 Mn | 21.52 Mn | 165,707.00 |
| 7 | Power REIT | 2.50 Mn | 2.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.25 |
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();