Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
P/S ratio for Farmland Partners Inc. (FPI)
P/S ratio as of 2023: 10.91
According to Farmland Partners Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 10.91. At the end of 2022 the company had a P/S ratio of 10.37.
P/S ratio history for Farmland Partners Inc. from 2012 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 10.91 |
| 2022 | 10.37 |
| 2021 | 8.00 |
| 2020 | 5.04 |
| 2019 | 3.82 |
| 2018 | 2.60 |
| 2017 | 5.83 |
| 2016 | 4.75 |
| 2015 | 7.67 |
| 2014 | 10.50 |
| 2013 | 22.17 |
| 2012 | 24.54 |