LXP logo
NYSE · LXPREIT - IndustrialUpdated Nov 5, 2026

LXP Industrial Trust P/E ratio

Current valuation, historical context, and peer comparisons.

Current P/E ratio

61.18×

79.9% abovethe 10-year annual average

Share price61.18
÷
Earnings per share1

Price and EPS in quote currency. Calculation details

Investors are paying 61.18 for every 1 of reported earnings per share.

P/E over time

2016 – 2025
Annual P/ESelected-period average 34.02×
3-year average70.23×3 positive annual observations
5-year average49.72×5 positive annual observations
10-year average34.02×10 positive annual observations
Peer median · TTM21.32×6 peers with positive P/E

Historical P/E ratios

Annual period-end data · 25 observations

LXP annual P/E history, newest first
Period endP/EChange
Dec 31, 202527.24×-56.4%
Dec 31, 202462.46×-48.4%
Dec 31, 2023120.98×+358.8%
Dec 31, 202226.37×+127.9%
Dec 31, 202111.57×-28.1%
Dec 31, 202016.09×+74.2%
Dec 31, 20199.23×+8.0%
Dec 31, 20188.55×-70.8%
View all 25 annual observations +
LXP annual P/E history, newest first
Period endP/EChange
Dec 31, 201729.24×+2.9%
Dec 31, 201628.42×+59.9%
Dec 31, 201517.78×-38.5%
Dec 31, 201428.89×N/M
Dec 31, 2013N/MN/M
Dec 31, 201210.56×N/M
Dec 31, 2011N/MN/M
Dec 31, 2010N/MN/M
Dec 31, 2009N/MN/M
Dec 31, 2008N/MN/M
Dec 31, 200718.88×N/M
Dec 31, 2006N/MN/M
Dec 31, 200564.55×+131.5%
Dec 31, 200427.88×+22.9%
Dec 31, 200322.69×+58.4%
Dec 31, 200214.32×-27.0%
Dec 31, 200119.62×N/M

Change is relative to the preceding observation. N/M values are excluded from averages.

How LXP compares

Company P/E vs. peer trailing-12-month ratios

P/E comparison with LXP and provider-selected peers
CompanyP/E ratio
LXP logo
LXP This stockLXP Industrial Trust
61.18×
PLYM logo
PLYMPlymouth Industrial REIT, Inc.
N/M
FR logo
FRFirst Industrial Realty Trust, Inc.
20.56×
TRNO logo
TRNOTerreno Realty Corporation
20.30×
REXR logo
REXRRexford Industrial Realty, Inc.
N/M
CUZ logo
CUZCousins Properties Incorporated
337.00×
CDP logo
CDPCOPT Defense Properties
22.07×
KRC logo
KRCKilroy Realty Corporation
151.32×
KRG logo
KRGKite Realty Group Trust
15.99×

Peers are selected by the data provider. Business models and earnings definitions can differ.

Put the numbers in context

What does LXP’s P/E tell you?

01

Start with its own history

At 61.18×, LXP is 79.9% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

02

Compare like with like

The median of the 6 positive peer ratios above is 21.32×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.

03

Check what drives earnings

One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.

Keep your research connected

Take LXP into your spreadsheet

Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.

Explore Wisesheets
Quarterly P/E · latest quarter
=WISE("LXP", "PE Ratio", "LQ")
LQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data

Sources & calculation methodology

Current P/E

Share price 61.18 ÷ EPS 1 = 61.18×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.

History & averages

Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.

Data definitions and limitations

The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.

LXP P/E ratio: common questions

The essentials behind the numbers.

LXP Industrial Trust's current P/E is 61.18× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.

Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.

N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.

Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.

Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.

Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.