Is EPR Properties overvalued or undervalued?

As of 15 June 2022, the valuation grade for EPR Properties moved from attractive to very attractive, indicating a stronger investment appeal. The company appears undervalued based on several key ratios, including a P/E ratio of 21, an EV to EBITDA of 8.87, and a Price to Book Value of 2.04. In comparison to its peers, Essential Properties Realty Trust, Inc. has a higher P/E of 25.37, while Kilroy Realty Corp. shows a more favorable EV to EBITDA of 7.04.
EPR Properties has demonstrated solid performance with a year-to-date return of 28.43%, outperforming the S&P 500's 12.22% during the same period. This performance, alongside its attractive valuation metrics, supports the conclusion that EPR Properties is currently undervalued in the market.