Realty Income CorporationO

Where O's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$59.50-0.07 (-0.12%)Previous close
NYSEReal EstateDividend Aristocrat

O P/E ratio: current value, 10-year range and year-by-year history

43.4Historically cheap

O's p/e ratio is lower than 83% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
O P/E ratio historyO P/E ratio from Sep 2023 to Sep 2026: low 35.02, high 61.63, latest 43.43.32.8940.648.3256.0463.76Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 51.92

O P/E ratio by year

Yearly range of O’s p/e ratio from 2016 to 2026. Over the full period it ranged from 28.9 to 77.0, averaging 51.8.

O P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
202643.450.457.743.4
202547.554.559.748.2
202440.850.961.654.5
202335.042.647.843.5
202251.565.677.058.9
202148.760.676.376.3
202028.944.057.452.3
201947.653.761.551.3
201841.546.754.048.5
201742.448.054.645.3
201647.152.361.150.6

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is O P/E ratio High or Low Right Now?

Realty Income Corporation's P/E ratio is currently 43.4, which is historically cheap relative to its 10-year historical range. The 10-year median P/E ratio for O is approximately 51.1. See all O valuation metrics →

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