Is Cousins Properties, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Cousins Properties, Inc. moved from very expensive to expensive, indicating a shift in perception regarding its market value. The company is currently overvalued based on its high P/E ratio of 94, compared to peers like Essential Properties Realty Trust, Inc. with a P/E of 25.37 and Kilroy Realty Corp. at 23.34. Additionally, Cousins Properties has an EV to EBITDA ratio of 26.40, which is significantly higher than the industry average, further supporting the overvaluation verdict.
The company's Price to Book Value stands at 1.04, and its ROE is notably low at 1.11%, suggesting inefficiencies in generating returns for shareholders. Recent performance has also been underwhelming, with a year-to-date return of -15.96% compared to the S&P 500's positive return of 16.30%, highlighting the disparity in performance and reinforcing the notion that Cousins Properties is overvalued in the current market environment.