On 12 Nov 2026 our base value for Camden Property Trust is $110.08 a share, 11.9% above its $98.40 close; 1 of 1 valuation methods put it above the price.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | — | — | not used for REITs: depreciation of property makes earnings and free cash flow understate what a REIT earns; see price to FFO |
| Exit multiple (P/E) | — | — | not used for REITs: depreciation of property makes earnings and free cash flow understate what a REIT earns; see price to FFO |
| Sum of the parts | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Price to sales | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Tangible book | — | — | not used for REITs: REITs are valued on funds from operations; see price to FFO |
| Price to FFO (REITs) | $110.08 | +11.9% | funds from operations $9.28 a share (FY2025) at its own 5-year median of 11.9× (today 10.6×) |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
| Fiscal year | Net income | Depreciation | FFO | Shares | FFO per share | Year-end close | P/FFO |
|---|---|---|---|---|---|---|---|
| 2021 | $312.38m | $420.69m | $733.07m | 102.83m | $7.13 | $178.68 | 25.1× |
| 2022 | $661.51m | $577.02m | $1.24bn | 108.39m | $11.43 | $111.88 | 9.8× |
| 2023 | $410.55m | $574.81m | $985.37m | 109.40m | $9.01 | $99.29 | 11.0× |
| 2024 | $170.84m | $582.01m | $752.85m | 108.54m | $6.94 | $116.04 | 16.7× |
| 2025 | $394.90m | $611.02m | $1.01bn | 108.43m | $9.28 | $110.08 | 11.9× |
| Median P/FFO | 11.9× |
| Latest FFO per share (FY2025) | $9.28 |
| Value per share = median × latest FFO per share | $110.08 |
For a REIT the base value is the price-to-FFO value: $110.08 a share.
Bear $102.26 · Base $110.08 · Bull $155.20 (the REIT's own lower and upper quartile price-to-FFO)
One-year price simulation: a 65% chance the price is higher than today's $98.40 in a year, from 18.96% volatility. The simulation assumes the price drifts up at our discount rate of 9.09% a year.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $95.96 | $110.08 |
| 9 Oct 2026 | $97.58 | $110.08 |
| 16 Oct 2026 | $98.59 | $110.08 |
| 23 Oct 2026 | $102.00 | $110.08 |
| 30 Oct 2026 | $100.69 | $110.08 |
| 6 Nov 2026 | $99.44 | $110.08 |
| 12 Nov 2026 | $98.40 | $110.08 |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
Run a full Desk Run on CPT · Camden Property Trust company page · Call and put prices