Is Kilroy Realty Corp. overvalued or undervalued?

As of 14 April 2025, Kilroy Realty Corp. has moved from a fair to very attractive valuation grade. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a P/E ratio of 42, an EV to EBITDA of 11.86, and a Price to Book Value of 1.54. In comparison, Rithm Capital Corp. has a P/E of 8.29, while Apartment Income REIT Corp. shows a P/E of 8.87, highlighting Kilroy's relatively high valuation against these peers.
Despite the higher ratios, Kilroy Realty Corp.'s dividend yield stands out at an impressive 230.58%, which may appeal to income-focused investors. The company's recent stock performance shows a YTD return of -13.47%, underperforming the S&P 500's 2.44%, yet its 1-year return of 10.83% is slightly better than the index's 10.26%. Overall, the combination of attractive valuation metrics and the potential for recovery suggests that Kilroy Realty Corp. is currently undervalued in the market.