Is Wheeler Real Estate Investment Trust, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for Wheeler Real Estate Investment Trust, Inc. moved from attractive to very attractive. The company appears to be undervalued, particularly when considering its Price to Book Value of 0.05 and a P/E Ratio of 0, which suggests significant undervaluation relative to its assets and earnings potential. Additionally, the EV to Sales ratio of -0.43 reinforces this perspective, indicating that the market may not be fully recognizing the company's value.
In comparison to peers, Wheeler's P/E of 0.3019 is notably lower than Strawberry Fields REIT, Inc. at 24.9110, highlighting a stark contrast in how these companies are valued despite operating in the same industry. Other peers, such as American Strategic Investment Co. and Medalist Diversified REIT, Inc., also reflect higher risk profiles with negative valuations, further supporting Wheeler's attractive position in the market. Over the past year, Wheeler has underperformed significantly with a return of -99.97%, while the S&P 500 returned 11.00%, suggesting that the stock may be oversold and presents a potential buying opportunity given its current valuation metrics.