Piedmont Office Realty Trust, Inc. (NYSE: PDM) is an owner, manager, developer, redeveloper, and operator of high-quality, Class A office properties located primarily in select sub-markets within seven major Eastern U.S. office markets, with the majority of its revenue being generated from the Sunbelt. Its geographically-diversified, approximately $5 billion portfolio is currently comprised of approximately 17 million square feet. The Company is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its markets and is investment-grade rated by S&P Global Ratings (BBB) and Moody's (Baa2). At the end of the third quarter, approximately 63% of the company's portfolio was ENERGY STAR certified and approximately 41% was LEED certified.
P/B ratio for Piedmont Office Realty Trust, Inc. (PDM)
P/B ratio as of 2023: 0.51
According to Piedmont Office Realty Trust, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.51. At the end of 2022 the company had a P/B ratio of 0.61.
P/B ratio history for Piedmont Office Realty Trust, Inc. from 2002 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.51 |
| 2022 | 0.61 |
| 2021 | 1.28 |
| 2020 | 1.08 |
| 2019 | 1.54 |
| 2018 | 1.26 |
| 2017 | 1.41 |
| 2016 | 1.39 |
| 2015 | 1.25 |
| 2014 | 1.26 |
| 2013 | 1.06 |
| 2012 | 1.15 |
| 2011 | 1.06 |
| 2010 | 1.24 |
| 2009 | 0.95 |
| 2008 | 0.92 |
| 2007 | 2.61 |
| 2006 | 2.53 |
| 2005 | 2.43 |
| 2004 | 0.62 |
| 2003 | 0.43 |
| 2002 | 0.41 |