Is Kite Realty Group Trust overvalued or undervalued?

As of 20 June 2025, Kite Realty Group Trust has moved from an expensive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 53, an EV to EBITDA of 8.41, and a PEG ratio of 0.81, which suggests a reasonable growth expectation relative to its price.
In comparison to its peer, which has a P/E of approximately 52.26 and an EV to EBITDA of 8.32, Kite Realty is positioned similarly, indicating no significant overvaluation. The company's dividend yield of 463.88% stands out, although it should be interpreted with caution given the low ROE of 2.87%. Notably, while Kite Realty has underperformed the S&P 500 year-to-date with a return of -8.60% compared to 2.44%, its long-term performance over five years shows a strong return of 102.37%, outperforming the S&P 500's 92.42%.