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American Assets Trust (NYSE:AAT) 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 .
American Assets Trust Forward PE Ratio Related Terms
American Assets Trust Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for American Assets 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.
American Assets Trust Forward PE Ratio Chart
American Assets Trust Annual Data
Trend
2016-12
2024-12
2025-12
Forward PE Ratio
42.19
52.77
41.09
American Assets Trust Quarterly Data
2016-03
2016-06
2016-12
2017-03
2017-06
2017-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
39.84
50.25
42.19
43.10
44.84
53.48
52.77
40.90
53.65
44.11
41.09
39.52
AAT vs GNL, SAFE, ESRT: Forward PE Ratio Comparison
For the REIT - Diversified subindustry, American Assets 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.
American Assets Trust Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, American Assets Trust's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where American Assets Trust's Forward PE Ratio falls into.
American Assets 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.
American Assets Trust (AAT) has a Forward PE Ratio of 56.19 as of Jul. 16, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on American Assets Trust and its competitors. According to the industry distribution chart, American Assets Trust ranks #413 out of 461 companies in the REITs industry, placing it in the top 89.6%.
Is American Assets Trust's Forward PE Ratio too high?
American Assets Trust's current Forward PE Ratio is 56.19. The REITs industry median Forward PE Ratio is 16.33. American Assets Trust's value of 56.19 is 244.1% above this industry median. Based on the distribution chart, American Assets Trust ranks #413 out of 461 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, American Assets Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Assets Trust's Forward PE Ratio compare to GNL and SAFE?
According to the REITs industry distribution chart, American Assets Trust ranks #413 out of 461 companies for Forward PE Ratio. This places American Assets Trust in the lower half of its industry. The industry median Forward PE Ratio is 16.33. American Assets Trust's value of 56.19 is 244.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.33, based on 461 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Assets Trust's current Forward PE Ratio of 56.19 is 244.1% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on American Assets Trust and its competitors. For the REITs industry, the median Forward PE Ratio is 16.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Assets Trust's current Forward PE Ratio is 56.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Assets Trust stock overvalued right now?
Based on GuruFocus' analysis, American Assets Trust (AAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $20.61, compared to a current price of $25.85 — trading 25.4% above its estimated fair value. The current Forward PE Ratio is 56.19 and 244.1% above the REITs industry median of 16.33. American Assets Trust's overall GF Score™ is 72/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For American Assets Trust (AAT), the current Forward PE Ratio is 56.19 as of Jul. 16, 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 American Assets Trust (AAT) Overvalued in 2026?
Based on GuruFocus' analysis, American Assets Trust stock appears to be overvalued.
The current stock price of $25.85 is trading 25.4% above its estimated GF Value™ of $20.61.
GuruFocus considers American Assets Trust to be Modestly Overvalued.
Key valuation signals for AAT:
Forward PE Ratio: 56.19
GF Value™: $20.61 vs. price of $25.85 (25.4% above fair value)
Industry Position: 244.1% above the REITs median (#413 of 461)
No single metric tells the full story. See the AAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are predominantly located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
72GF Score
Get the complete analysis for AAT
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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