Is Rexford Industrial Realty, Inc. overvalued or undervalued?

As of 24 April 2025, the valuation grade for Rexford Industrial Realty, Inc. has moved from attractive to very attractive. The company is currently considered undervalued. Key ratios include a P/E ratio of 30, a Price to Book Value of 0.97, and an EV to EBITDA of 12.38.
In comparison to its peers, Rexford's P/E ratio is higher than Essex Property Trust, Inc. at 28.13 and lower than Sun Communities, Inc. at 42.35, indicating a competitive position within the market. Additionally, the PEG ratio of 3.46 suggests that the stock may be overvalued relative to its growth expectations, but the overall valuation remains favorable. While Rexford has underperformed against the S&P 500 over the past year, its recent stock performance has shown a positive return of 1.65% over the past week, contrasting with a slight decline in the S&P 500.