Millrose Properties, Inc. (MRP) P/E Ratio History
Fairly ValuedTrading at 11.6x, near 5Y avg of 11.1x · 50th percentile · In line with own history · Data 2025–2026
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P/E Ratio Analysis
As of July 8, 2026, Millrose Properties, Inc. (MRP) trades at a price-to-earnings ratio of 11.6x, with a stock price of $28.32 and trailing twelve-month earnings per share of $2.79.
The current P/E is roughly in line with its 5-year average of 11.1x. Over the past five years, MRP's P/E has ranged from a low of 10.0x to a high of 12.2x, placing the current valuation at the 50th percentile of its historical range.
Compared to the Real Estate sector median P/E of 25.3x, MRP trades at a 54% discount to its sector peers. The sector includes 172 companies with P/E ratios ranging from 0.8x to 174.2x.
Relative to the broader market, MRP trades at a notable discount to the S&P 500 median P/E of 25.9x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our MRP DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
MRP Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
MRP P/E vs Peers
Residential land and homesite REITs peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 10.1 | 1.59 | +7% | |
| $2B | 267.8 | 4.52 | +151%Best | |
| $3B | 23.2 | - | +2% | |
| $22B | 10.9 | - | -44% | |
| $44B | 13.5 | 1.07 | -19% | |
| $25B | 11.7 | 0.71 | -24% | |
| $14B | 11.2 | 0.35 | -10% | |
| $7B | 9.2Lowest | 0.28Best | -6% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
MRP Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $28.00 | $2.79 | 10.0x | -10% |
| FY2025 Q4 | Dec 31 2025 | $29.87 | $2.44 | 12.2x | +10% |
Average P/E for displayed period: 11.1x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
1+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
MRP — Frequently Asked Questions
Quick answers to the most common questions about buying MRP stock.
What is MRP's P/E ratio?
Millrose Properties, Inc. (MRP) trailing twelve-month P/E ratio is 11.6x, based on TTM diluted EPS of $2.79. The 5-year average P/E is 11.1x and the historical range spans 10.0x to 12.2x.
Is MRP stock overvalued or undervalued?
MRP trades at 11.6x P/E, near its 5-year average of 11.1x. The 50th percentile ranking within the 10.0x–12.2x historical range places valuation within normal bounds.
Is MRP stock expensive?
MRP is fairly valued relative to its own history. The current P/E of 11.6x is near the 5-year average of 11.1x (50th percentile of historical range).
What is MRP's historical P/E range?
Over the past 5 years, MRP's P/E ratio has ranged from 10.0x to 12.2x, with a median of 12.2x and an average of 11.1x. The current P/E of 11.6x places the stock at the 50th percentile of this range. Full historical data spans 2025–2026.
How does MRP's P/E compare to the S&P 500?
MRP trades at 11.6x P/E versus the S&P 500 median of 25.9x. The 55% discount to the market suggests lower growth expectations or perceived higher risk.
How does MRP's valuation compare to Real Estate peers?
Millrose Properties, Inc. P/E of 11.6x compares to the Real Estate sector median of 25.3x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is MRP's PEG ratio?
MRP PEG ratio is N/A, based on a P/E of 11.6x and EPS growth of 264.9%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is MRP's earnings yield?
MRP earnings yield is 8.62%, the inverse of its 11.6x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.