Blackstone Mortgage Trust (FRA:079A) Forward PE Ratio: 10.94 (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:079A Blackstone Mortgage Trust Inc FRA:079A
57 GF Score
Price €12.29
GF Value €16.71
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Blackstone Mortgage Trust Forward PE Ratio?

Blackstone Mortgage Trust FRA:079A -13.27% 57 Forward PE Ratio is 10.94 as of Aug. 02, 2026. GuruFocus rates FRA:079A with a GF Score™ of 57/100 and a GF Value™ of €16.71 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 459 REITs companies, Blackstone Mortgage Trust ranks better than 76.69% on this metric.

Blackstone Mortgage Trust's Forward PE Ratio for today is 10.94.

Blackstone Mortgage Trust's PE Ratio without NRI for today is 0.00.

Blackstone Mortgage Trust's PE Ratio (TTM) for today is 181.75.


Blackstone Mortgage Trust  (FRA:079A) 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 .


Blackstone Mortgage Trust Forward PE Ratio Related Terms


Blackstone Mortgage Trust Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Blackstone Mortgage 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.

Blackstone Mortgage Trust Forward PE Ratio Chart

Blackstone Mortgage Trust Annual Data
Trend 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12 2025-12
Forward PE Ratio
11.30 12.20 12.11 14.04 11.75 11.34 7.19 7.63 12.63 13.49

Blackstone Mortgage Trust Quarterly Data
2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-12 2025-03 2025-06 2025-09 2025-12 2026-03 2026-06
Forward PE Ratio 11.36 11.30 12.71 12.21 11.43 12.20 12.05 11.71 12.02 12.11 12.61 12.85 13.26 14.04 8.26 9.99 8.87 11.75 12.97 13.66 11.90 11.34 11.78 10.99 8.17 7.19 5.61 6.72 7.60 7.63 12.63 17.89 18.13 12.29 13.49 11.86 12.36

FRA:079A vs DX, ARR, EFC: Forward PE Ratio Comparison

For the REIT - Mortgage subindustry, Blackstone Mortgage 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.


Blackstone Mortgage Trust Forward PE Ratio vs REITs Industry

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

* The bar in red indicates where Blackstone Mortgage Trust's Forward PE Ratio falls into.


FRA:079A
57GF Score
Blackstone Mortgage Trust Inc FRA:079A
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone Mortgage 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 10.94 mean?
Blackstone Mortgage Trust (FRA:079A) has a Forward PE Ratio of 10.94 as of Aug. 02, 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 Blackstone Mortgage Trust and its competitors. According to the industry distribution chart, Blackstone Mortgage Trust ranks #107 out of 459 companies in the REITs industry, placing it in the top 23.3%.
Is Blackstone Mortgage Trust's Forward PE Ratio too high?
Blackstone Mortgage Trust's current Forward PE Ratio is 10.94. The REITs industry median Forward PE Ratio is 16.47. Blackstone Mortgage Trust's value of 10.94 is 33.6% below this industry median. Based on the distribution chart, Blackstone Mortgage Trust ranks #107 out of 459 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Blackstone Mortgage Trust has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Mortgage Trust's Forward PE Ratio compare to DX and ARR?
According to the REITs industry distribution chart, Blackstone Mortgage Trust ranks #107 out of 459 companies for Forward PE Ratio. This places Blackstone Mortgage Trust in the top 23% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 16.47. Blackstone Mortgage Trust's value of 10.94 is 33.6% below 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 16.47, based on 459 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. Blackstone Mortgage Trust's current Forward PE Ratio of 10.94 is 33.6% below 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 Blackstone Mortgage Trust and its competitors. For the REITs industry, the median Forward PE Ratio is 16.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Mortgage Trust's current Forward PE Ratio is 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Mortgage Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Mortgage Trust (FRA:079A) is currently considered Modestly Undervalued. The stock's GF Value™ is €16.71, compared to a current price of €12.29 — trading 26.5% below its estimated fair value. The current Forward PE Ratio is 10.94 and 33.6% below the REITs industry median of 16.47. Blackstone Mortgage Trust's overall GF Score™ is 57/100 with 4 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 Blackstone Mortgage Trust (FRA:079A), the current Forward PE Ratio is 10.94 as of Aug. 02, 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 Blackstone Mortgage Trust (FRA:079A) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone Mortgage Trust stock appears to be undervalued. The current stock price of €12.29 is trading 26.5% below its estimated GF Value™ of €16.71. GuruFocus considers Blackstone Mortgage Trust to be Modestly Undervalued.

Key valuation signals for FRA:079A:

  • Forward PE Ratio: 10.94
  • GF Value™: €16.71 vs. price of €12.29 (26.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 33.6% below the REITs median (#107 of 459)

No single metric tells the full story. See the FRA:079A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Mortgage Trust Business Description

Industry Real EstateREITs
Other Exchanges BXMT:USA079A:Germany
Address 345 Park Avenue, 24th Floor, New York, NY, USA, 10154
Blackstone Mortgage Trust Inc is an externally managed real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by or relating to commercial real estate in North America, Europe, and Australia. Its portfolio is composed of senior loans secured by high-quality, institutional assets located in main markets, and sponsored by experienced, well-capitalized real estate investment owners and operators. The group finances its investments in a variety of ways, including borrowing under secured credit facilities, issuing collateralized loan obligations, or CLOs, other securitization transactions, syndicating senior loans and/or participations, and other forms of asset-level financing.
57GF Score

Get the complete analysis for FRA:079A

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€12.29
Price
€16.71
GF Value