Is Boston Properties, Inc. overvalued or undervalued?

As of 29 July 2025, Boston Properties, Inc. has moved from a risky to a very attractive valuation grade, indicating a significant improvement in its perceived investment potential. The company appears to be undervalued, particularly when considering its Price to Book Value of 2.42, EV to EBITDA of 6.50, and an impressive Dividend Yield of 476.71%.
In comparison to its peers, Boston Properties stands out with a much lower EV to EBITDA ratio than Regency Centers Corp. at 28.0726 and UDR, Inc. at 12.9661, suggesting it may offer better value relative to its earnings potential. Additionally, while Boston Properties has experienced a negative return of -4.35% over the past year, this is notably less than the S&P 500's return of 17.14%, reinforcing the notion that the stock may be undervalued in the current market context.