Is American Assets Trust, Inc. overvalued or undervalued?

As of 28 April 2025, the valuation grade for American Assets Trust, Inc. has moved from fair to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, supported by a P/E ratio of 15, an EV to EBITDA of 3.67, and a PEG ratio of 0.31, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.
In comparison to its peers, American Assets Trust, Inc. has a lower P/E ratio than LTC Properties, Inc. at 17.18 and a more favorable EV to EBITDA ratio than Ladder Capital Corp. at 2.50. Additionally, the company boasts a dividend yield of 6.65%, which is attractive in the current market environment. Despite recent underperformance against the S&P 500, the overall metrics indicate that American Assets Trust, Inc. represents a compelling investment opportunity at its current price of 20.23.