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GLP J-REITTSE:3281 -1.07%81 EV-to-EBIT is 30.34 as of Aug. 23, 2026, which is 19% below its 10-year median of 37.51. GuruFocus rates TSE:3281 with a GF Score™ of 81/100 and a GF Value™ of 円145,863.28 (Fairly Valued). The stock has 6 warning signs investors should review. Among 654 REITs companies, GLP J-REIT ranks worse than 77.98% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
GLP J-REIT's Enterprise Value for the quarter that ended in Feb. 2026 was 円1,031,617 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円33,807 Mil.
* 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.
GLP J-REIT EV-to-EBIT Related Terms
GLP J-REIT EV-to-EBIT Historical Data
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The historical data trend for GLP J-REIT's EV-to-EBIT 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.
For the REIT - Industrial subindustry, GLP J-REIT's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
GLP J-REIT EV-to-EBIT vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's EV-to-EBIT falls into.
GLP J-REIT's current Enterprise Value is 円1,025,822 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was 円33,807 Mil.
* 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.
GLP J-REIT (TSE:3281) has a EV-to-EBIT of 30.34 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on GLP J-REIT and its competitors. This is 19% below median its historical median of 37.51. Over the past decade, GLP J-REIT's EV-to-EBIT has ranged from 27.84 to 53.46. According to the industry distribution chart, GLP J-REIT ranks #510 out of 654 companies in the REITs industry, placing it in the top 78%.
Is GLP J-REIT's EV-to-EBIT too high?
GLP J-REIT's current EV-to-EBIT of 30.34 is 19% below median its 10-year median of 37.51. Over the past 10 years, this metric has ranged from a low of 27.84 to a high of 53.46. The REITs industry median EV-to-EBIT is 17.82. GLP J-REIT's value of 30.34 is 70.3% above this industry median. Based on the distribution chart, GLP J-REIT ranks #510 out of 654 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, GLP J-REIT has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GLP J-REIT's EV-to-EBIT compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #510 out of 654 companies for EV-to-EBIT. This places GLP J-REIT in the lower half of its industry. The industry median EV-to-EBIT is 17.82. GLP J-REIT's value of 30.34 is 70.3% above this benchmark. Historically, GLP J-REIT's own EV-to-EBIT has ranged from 27.84 to 53.46 over the past decade. While the company's 10-year median is 37.51 vs. the industry median of 17.82, GLP J-REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 17.82, based on 654 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GLP J-REIT's current EV-to-EBIT of 30.34 is 70.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on GLP J-REIT and its competitors. For the REITs industry, the median EV-to-EBIT is 17.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current EV-to-EBIT is 30.34, which is 19% below median its own 10-year median of 37.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLP J-REIT stock overvalued right now?
Based on GuruFocus' analysis, GLP J-REIT (TSE:3281) is currently considered Fairly Valued. The stock's GF Value™ is 円145,863.28, compared to a current price of 円138,800.00 — trading 4.8% below its estimated fair value. The current EV-to-EBIT is 30.34, which is 19% below median its 10-year median of 37.51 and 70.3% above the REITs industry median of 17.82. GLP J-REIT's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For GLP J-REIT (TSE:3281), the current EV-to-EBIT is 30.34 as of Aug. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is GLP J-REIT (TSE:3281) Overvalued in 2026?
Based on GuruFocus' analysis, GLP J-REIT stock appears to be undervalued.
The current stock price of 円138,800.00 is trading 4.8% below its estimated GF Value™ of 円145,863.28.
GuruFocus considers GLP J-REIT to be Fairly Valued.
Key valuation signals for TSE:3281:
EV-to-EBIT: 30.34 (19% below median its 10-year median of 37.51)
GF Value™: 円145,863.28 vs. price of 円138,800.00 (4.8% below fair value)
Industry Position: 70.3% above the REITs median (#510 of 654)
No single metric tells the full story. See the TSE:3281 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GLP J-REIT is a Japan-based real estate investment trust. The company invests in logistic facilities and related real estate properties mainly located in Kanto and Kansai regions and other areas. Its properties are classified under Multi-tenant property and build-to-suit property segments. It holds a range of proprieties such as GLP Tokyo, GLP Sugito II, GLP Koshigaya II, GLP Misato II, GLP Amagasaki, GLP Higashi-Ogishima, GLP Akishima, GLP Tomisato, GLP Narashino II, GLP Funabashi, GLP Kazo, GLP Fukaya and others.
81GF Score
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