Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Forward PE Ratio : 13.14 (As of Apr. 25, 2024)

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What is Dream Office Real Estate Investment Trust Forward PE Ratio?

Dream Office Real Estate Investment Trust's Forward PE Ratio for today is 13.14.

Dream Office Real Estate Investment Trust's PE Ratio without NRI for today is 0.00.

Dream Office Real Estate Investment Trust's PE Ratio for today is 0.00.

Dream Office Real Estate Investment Trust Forward PE Ratio Historical Data

The historical data trend for Dream Office Real Estate Investment Trust's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dream Office Real Estate Investment Trust Forward PE Ratio Chart

Dream Office Real Estate Investment Trust Annual Data

Trend

2016-11

2017-08

2018-11

2019-11

2020-10

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

8.49

10.16

25.71

25.00

16.26

22.83

16.98

12.53

12.56

Dream Office Real Estate Investment Trust Quarterly Data
	2016-03	2017-06	2018-03	2020-06	2020-09	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	8.55	9.38	20.24	19.92	17.64	19.76	21.88	21.46	22.83	27.47	19.76	17.95	16.98	19.08	16.92	10.67	12.53	10.74

Competitive Comparison of Dream Office Real Estate Investment Trust's Forward PE Ratio

For the REIT - Office subindustry, Dream Office Real Estate Investment Trust's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dream Office Real Estate Investment Trust's Forward PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Dream Office Real Estate Investment Trust's Forward PE Ratio falls into.

Dream Office Real Estate Investment Trust Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Dream Office Real Estate Investment Trust (OTCPK:DRETF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Dream Office Real Estate Investment Trust Forward PE Ratio Related Terms

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Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Office Real Estate Investment Trust (OTCPK:DRETF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

D.UN:Canada

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.