Question 1

What is Federal Realty Investment Trust's P/B ratio?

Accepted Answer

Federal Realty Investment Trust (FRT) P/B ratio is 3.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Federal Realty Investment Trust?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE).

Question 5

Is Federal Realty Investment Trust's P/B ratio high or low?

Accepted Answer

Federal Realty Investment Trust's P/B ratio of 3.3× is above its own 5-year average of 3.0×. That places the current reading at the 82th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Federal Realty Investment Trust's historical P/B ratio range?

Accepted Answer

In the available daily series, Federal Realty Investment Trust (FRT) P/B ratio has ranged from a low of 1.7× in 2002 to a high of 6.3× in 2015. The 5-year average is 3.0× and the 5-year median is 2.8×.

Question 7

What was Federal Realty Investment Trust's P/B ratio in 2025?

Accepted Answer

Federal Realty Investment Trust (FRT) P/B ratio at the end of 2025 was 2.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Federal Realty Investment Trust's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$8.67B	$3.25B	2.7×	-0.3×	Dec 31, 2025
2024	$9.48B	$3.17B	3.0×	+0.2×	Dec 31, 2024
2023	$8.41B	$2.96B	2.8×	+0.1×	Dec 31, 2023
2022	$8.18B	$2.95B	2.8×	-1.3×	Dec 31, 2022
2021	$10.6B	$2.58B	4.1×	+1.5×	Dec 31, 2021
2020	$6.42B	$2.46B	2.6×	-1.2×	Dec 31, 2020
2019	$9.69B	$2.54B	3.8×	+0.1×	Dec 31, 2019
2018	$8.71B	$2.35B	3.7×	-0.5×	Dec 31, 2018
2017	$9.63B	$2.27B	4.2×	-0.9×	Dec 31, 2017
2016	$10.2B	$1.98B	5.1×	-0.9×	Dec 31, 2016
2015	$10.1B	$1.66B	6.1×	+0.4×	Dec 31, 2015
2014	$9.08B	$1.6B	5.7×	+1.0×	Dec 31, 2014
2013	$6.69B	$1.45B	4.6×	-0.6×	Dec 31, 2013
2012	$6.7B	$1.29B	5.2×	+0.5×	Dec 31, 2012
2011	$5.74B	$1.22B	4.7×	+0.6×	Dec 31, 2011
2010	$4.77B	$1.15B	4.2×	+0.6×	Dec 31, 2010
2009	$4.13B	$1.18B	3.5×	+0.2×	Dec 31, 2009
2008	$3.65B	$1.11B	3.3×	-0.9×	Dec 31, 2008
2007	$4.64B	$1.11B	4.2×	-1.8×	Dec 31, 2007
2006	$4.68B	$784M	6.0×	+1.8×	Dec 31, 2006
2005	$3.19B	$775M	4.1×	+0.7×	Dec 31, 2005
2004	$2.68B	$791M	3.4×	+0.7×	Dec 31, 2004
2003	$1.88B	$691M	2.7×	+0.8×	Dec 31, 2003
2002	$1.21B	$644M	1.9×	—	Dec 31, 2002

P/B Ratio for Federal Realty Investment Trust (FRT) 2002-2026

P/B Ratio daily chart for Federal Realty Investment Trust (FRT)

Historical P/B Ratio for Federal Realty Investment Trust (FRT) from 2002 to 2025

About P/B Ratio at Federal Realty Investment Trust (FRT)

Federal Realty Investment Trust P/B Ratio by Year

Federal Realty Investment Trust P/B Ratio 2025: 2.7×

Federal Realty Investment Trust P/B Ratio 2024: 3.0×

Federal Realty Investment Trust P/B Ratio 2023: 2.8×

Federal Realty Investment Trust P/B Ratio 2022: 2.8×

Federal Realty Investment Trust P/B Ratio 2021: 4.1×

Frequently asked questions

Federal Realty Investment Trust (FRT) Key Financials