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GLP J-REITTSE:3281 -1.07%81 EV-to-EBITDA is 24.17 as of Aug. 24, 2026, which is 12% below its 10-year median of 27.56. GuruFocus rates TSE:3281 with a GF Score™ of 81/100 and a GF Value™ of 円145,863.39 (Fairly Valued). The stock has 6 warning signs investors should review. Among 671 REITs companies, GLP J-REIT ranks worse than 81.97% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, GLP J-REIT's enterprise value is 円1,025,822 Mil.
GLP J-REIT's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円42,439 Mil. Therefore, GLP J-REIT's EV-to-EBITDA for today is 24.17.
The historical rank and industry rank for GLP J-REIT's EV-to-EBITDA or its related term are showing as below:
TSE:3281'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 20.33 Med: 27.56 Max: 38.92
Current: 24.17
During the past 13 years, the highest EV-to-EBITDA of GLP J-REIT was 38.92. The lowest was 20.33. And the median was 27.56.
TSE:3281's EV-to-EBITDA is ranked worse than 81.97% of 671
companies
in the REITs industry
Industry Median: 15.15
vs TSE:3281: 24.17
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
GLP J-REIT's share price for today is 円138800.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. GLP J-REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was 円6452.785.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for GLP J-REIT's EV-to-EBITDA 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.
TSE:3281 vs PLD, PSA, EXR: EV-to-EBITDA Comparison
For the REIT - Industrial subindustry, GLP J-REIT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, GLP J-REIT's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where GLP J-REIT's EV-to-EBITDA 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 EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was 円42,439 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-EBITDA of 24.17 as of Aug. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on GLP J-REIT. This is 12% below median its historical median of 27.56. Over the past decade, GLP J-REIT's EV-to-EBITDA has ranged from 20.33 to 38.92. According to the industry distribution chart, GLP J-REIT ranks #550 out of 671 companies in the REITs industry, placing it in the top 82%.
Is GLP J-REIT's EV-to-EBITDA too high?
GLP J-REIT's current EV-to-EBITDA of 24.17 is 12% below median its 10-year median of 27.56. Over the past 10 years, this metric has ranged from a low of 20.33 to a high of 38.92. The REITs industry median EV-to-EBITDA is 15.15. GLP J-REIT's value of 24.17 is 59.5% above this industry median. Based on the distribution chart, GLP J-REIT ranks #550 out of 671 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-EBITDA compare to PLD and PSA?
According to the REITs industry distribution chart, GLP J-REIT ranks #550 out of 671 companies for EV-to-EBITDA. This places GLP J-REIT in the lower half of its industry. The industry median EV-to-EBITDA is 15.15. GLP J-REIT's value of 24.17 is 59.5% above this benchmark. Historically, GLP J-REIT's own EV-to-EBITDA has ranged from 20.33 to 38.92 over the past decade. While the company's 10-year median is 27.56 vs. the industry median of 15.15, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.15, based on 671 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GLP J-REIT's current EV-to-EBITDA of 24.17 is 59.5% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on GLP J-REIT. For the REITs industry, the median EV-to-EBITDA is 15.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GLP J-REIT's current EV-to-EBITDA is 24.17, which is 12% below median its own 10-year median of 27.56. 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145,863.39, compared to a current price of 円138,800.00 — trading 4.8% below its estimated fair value. The current EV-to-EBITDA is 24.17, which is 12% below median its 10-year median of 27.56 and 59.5% above the REITs industry median of 15.15. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For GLP J-REIT (TSE:3281), the current EV-to-EBITDA is 24.17 as of Aug. 24, 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145,863.39.
GuruFocus considers GLP J-REIT to be Fairly Valued.
Key valuation signals for TSE:3281:
EV-to-EBITDA: 24.17 (12% below median its 10-year median of 27.56)
GF Value™: 円145,863.39 vs. price of 円138,800.00 (4.8% below fair value)
Industry Position: 59.5% above the REITs median (#550 of 671)
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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