Filter the latest scan's published facts — sector, size, yield, valuation — or rank them with a preset: cheapest, fastest growing, most profitable. Every view shows what is in the filings and prices; none ranks opportunity. The model behind the statuses showed no predictive power, and nothing here is a recommendation.
Scan of 2026-08-31 · 2,409 names scored · prices as of that date
Lowest valid-in-sector trailing valuation multiples today, latest scan: each name's sector percentiles on earnings yield, FCF yield, P/S, P/B, P/TBV and P/CFO, averaged (only the metrics valid in its sector — a REIT is never ranked by GAAP P/E here). “Cheapest” is a fact about trailing multiples versus sector peers, not a forecast that they re-rate.
Tested the unforgiving way: a composite ranking built from these same point-in-time filings (2017-01-31 to 2026-05-29) showed no measurable predictive power (mean IC 0.0168, t = 1.21), and its top quintile did not beat holding everything even before costs. Ranks like these describe today's record; they do not predict tomorrow's return.
145 names — page 1 of 3 · sector: Real estate · Export CSV
| # | Ticker | Company | Sector | Cheap composite | P/E (trailing) | P/S (trailing) | FCF yield | Own 5y |
|---|---|---|---|---|---|---|---|---|
| 1 | HPP | Hudson Pacific Properties, Inc. | Real estate | 97.8 | n/a — masked | 0.8× |
Never the absolute multiple alone. A P/E of 9 is a fact; whether it is low depends on what you hold it against.
The five-year window is the empirically privileged one. Cheap against its sector and cheap against its own history are different claims, and a stock can be one without being the other — which is the whole reason both columns are shown rather than blended into a single score.
| −0.4σ |
| 2 | ABR | Arbor Realty Trust, Inc. | Real estate | 95.5 | n/a — masked | 2.0× | 22.2% | +0.2σ |
| 3 | MITT | TPG Mortgage Investment Trust, Inc. | Real estate | 94.0 | n/a — masked | 2.7× | 31.8% | +1.8σ |
| 4 | INN | Summit Hotel Properties, Inc. | Real estate | 93.1 | n/a — masked | 0.9× | 23.9% | +0.4σ |
| 5 | FBRT | Franklin BSP Realty Trust, Inc. | Real estate | 92.2 | n/a — masked | 2.2× | 18.8% | +0.3σ |
| 6 | RLJ | RLJ Lodging Trust | Real estate | 88.4 | n/a — masked | 1.2× | 15.1% | +0.1σ |
| 7 | BXMT | Blackstone Mortgage Trust, Inc. (NEW) | Real estate | 88.4 | n/a — masked | — | 14.7% | +1.5σ |
| 8 | ARE | Alexandria Real Estate Equities, Inc. | Real estate | 88.3 | n/a — masked | 3.0× | 16.0% | +1.7σ |
| 9 | MFA | MFA Financial, Inc | Real estate | 87.6 | n/a — masked | 3.9× | 18.1% | +0.4σ |
| 10 | NLOP | Net Lease Office Properties | Real estate | 86.1 | n/a — masked | 1.7× | 34.4% | — |
| 11 | PEB | Pebblebrook Hotel Trust | Real estate | 85.5 | n/a — masked | 1.4× | 13.8% | +0.2σ |
| 12 | KREF | KKR Real Estate Finance Trust Inc. | Real estate | 85.0 | n/a — masked | 4.6× | 14.2% | −0.5σ |
| 13 | TRTX | TPG RE Finance Trust, Inc. Common Stock | Real estate | 84.6 | n/a — masked | 4.1× | 15.9% | +0.0σ |
| 14 | PDM | Piedmont Realty Trust, Inc. | Real estate | 84.0 | n/a — masked | 2.1× | 13.8% | −0.8σ |
| 15 | ARI | APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. | Real estate | 82.2 | n/a — masked | 3.6× | 12.3% | −0.5σ |
| 16 | DEA | Easterly Government Properties, Inc. | Real estate | 81.5 | n/a — masked | 3.3× | 23.0% | +2.1σ |
| 17 | DEI | Douglas Emmett, Inc. | Real estate | 81.3 | n/a — masked | 1.9× | 19.2% | +0.5σ |
| 18 | IVR | Invesco Mortgage Capital Inc. | Real estate | 81.3 | n/a — masked | 7.6× | 25.7% | −0.6σ |
| 19 | CLDT | CHATHAM LODGING TRUST | Real estate | 81.1 | n/a — masked | 2.1× | 12.0% | −0.1σ |
| 20 | AHRT | AH Realty Trust, Inc. | Real estate | 80.6 | n/a — masked | 2.3× | 13.2% | −0.0σ |
| 21 | XRN | Chiron Real Estate Inc. | Real estate | 79.4 | n/a — masked | 3.2× | 15.5% | +1.2σ |
| 22 | REFI | Chicago Atlantic Real Estate Finance, Inc. Common Stock | Real estate | 76.1 | n/a — masked | 4.1× | 10.6% | +0.8σ |
| 23 | CHCT | Community Healthcare Trust Incorporated Common Stock, $0.01 par value per share | Real estate | 75.3 | n/a — masked | 3.4× | 13.3% | +1.4σ |
| 24 | ADAM | Adamas Trust, Inc. Common Stock | Real estate | 75.0 | n/a — masked | 5.3× | 9.5% | +1.2σ |
| 25 | HHH | Howard Hughes Holdings Inc. | Real estate | 75.0 | n/a — masked | 2.5× | 12.0% | — |
| 26 | JBGS | JBG SMITH Properties Common Shares | Real estate | 74.8 | n/a — masked | 1.8× | 7.1% | −0.8σ |
| 27 | IIPR | Innovative Industrial Properties, Inc. Common stock | Real estate | 74.6 | n/a — masked | 6.1× | 12.4% | +0.5σ |
| 28 | VNO | Vornado Realty Trust | Real estate | 74.3 | n/a — masked | 3.9× | 17.8% | +0.8σ |
| 29 | AAT | AMERICAN ASSETS TRUST, INC. | Real estate | 69.5 | n/a — masked | 3.1× | 12.2% | −0.1σ |
| 30 | APLE | Apple Hospitality REIT, Inc. | Real estate | 68.3 | n/a — masked | 2.6× | 9.8% | +0.1σ |
| 31 | RITM | Rithm Capital Corp. | Real estate | 68.1 | n/a — masked | 1.1× | -46.7% | −1.1σ |
| 32 | KRC | Kilroy Realty Corp. | Real estate | 67.9 | n/a — masked | 220× | 13.7% | +0.5σ |
| 33 | FOR | Forestar Group Inc. | Real estate | 67.9 | n/a — masked | 0.8× | 6.4% | +0.6σ |
| 34 | CSR | Centerspace | Real estate | 66.8 | n/a — masked | 3.2× | 10.7% | +0.9σ |
| 35 | CIM | Chimera Investment Corp. | Real estate | 66.4 | n/a — masked | 3.5× | -5.7% | −1.8σ |
| 36 | ORC | Orchid Island Capital, Inc. | Real estate | 66.0 | n/a — masked | 8.9× | 11.1% | −0.6σ |
| 37 | HIW | Highwoods Properties Inc. | Real estate | 64.6 | n/a — masked | 4.1× | 11.1% | −0.6σ |
| 38 | VICI | VICI Properties Inc. Common Stock | Real estate | 64.3 | n/a — masked | 6.8× | 9.3% | +1.8σ |
| 39 | FVR | FrontView REIT, Inc. | Real estate | 64.3 | n/a — masked | 6.2× | 9.6% | — |
| 40 | GNL | Global Net Lease, Inc. | Real estate | 64.2 | n/a — masked | 4.1× | 10.4% | −0.8σ |
| 41 | STWD | STARWOOD PROPERTY TRUST, INC. | Real estate | 63.6 | n/a — masked | 3.0× | -0.8% | −0.3σ |
| 42 | CTO | CTO Realty Growth, Inc. | Real estate | 63.2 | n/a — masked | 4.6× | 9.7% | −0.4σ |
| 43 | CWK | Cushman & Wakefield Ltd. | Real estate | 62.2 | n/a — masked | 0.3× | 6.5% | +0.3σ |
| 44 | DRH | Diamondrock Hospitality Company Common Stock | Real estate | 62.1 | n/a — masked | 2.2× | 9.4% | +0.1σ |
| 45 | PINE | Alpine Income Property Trust, Inc | Real estate | 61.2 | n/a — masked | 4.9× | 7.6% | −1.0σ |
| 46 | NXRT | NexPoint Residential Trust Inc | Real estate | 61.0 | n/a — masked | 2.4× | 13.0% | +1.5σ |
| 47 | LADR | LADDER CAPITAL CORP | Real estate | 60.3 | n/a — masked | 13.2× | 8.6% | −0.0σ |
| 48 | BXP | BXP, Inc. | Real estate | 58.1 | n/a — masked | 3.1× | 11.0% | −0.0σ |
| 49 | IRT | Independence Realty Trust Inc. | Real estate | 57.6 | n/a — masked | 5.8× | 7.3% | +0.8σ |
| 50 | HST | Host Hotels & Resorts, Inc. | Real estate | 57.3 | n/a — masked | 2.4× | 10.3% | +0.3σ |
"Cheap composite" is a 0–100 position among valid sector peers — the mean of the component metrics' sector percentiles. "—" means the scan published no figure, deliberately. "n/a — masked" means the metric is misleading in that name's sector (a REIT's GAAP P/E, a bank's FCF yield) — hover for the reason, which comes from the same sector-validity rules the composite itself respects. An FY tag marks a trailing-year figure built from an annual filing; hover for what that means.