Is Veris Residential, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Veris Residential, Inc. has moved from attractive to fair. The company appears to be overvalued based on its current metrics. Key ratios include a Price to Book Value of 1.30, an EV to EBITDA of 11.26, and a Dividend Yield of 187.66%. In comparison, OUTFRONT Media, Inc. has a much lower EV to EBITDA of 7.3225, indicating a more favorable valuation, while Urban Edge Properties shows a higher P/E ratio of 26.6533, suggesting it is also valued more attractively than Veris.
In terms of stock performance, Veris Residential has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -13.59% compared to the S&P 500's 16.30%. This trend reinforces the notion that the stock may be overvalued relative to its peers and the broader market.