Primaris REIT (FRA:H0D) Forward PE Ratio: 20.31 (As of Aug. 07, 2026)

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FRA:H0D Primaris REIT FRA:H0D
78 GF Score
Price €13.47
GF Value €11.02
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Primaris REIT Forward PE Ratio?

Primaris REIT FRA:H0D +0.24% 78 Forward PE Ratio is 20.31 as of Aug. 07, 2026. GuruFocus rates FRA:H0D with a GF Score™ of 78/100 and a GF Value™ of €11.02 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 458 REITs companies, Primaris REIT ranks worse than 62.88% on this metric.

Primaris REIT's Forward PE Ratio for today is 20.31.

Primaris REIT's PE Ratio without NRI for today is 13.02.

Primaris REIT's PE Ratio (TTM) for today is 20.20.


Primaris REIT  (FRA:H0D) 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 .


Primaris REIT Forward PE Ratio Related Terms


Primaris REIT Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Primaris REIT'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.

Primaris REIT Forward PE Ratio Chart

Primaris REIT Annual Data
Trend 2025-12
Forward PE Ratio
10.26

Primaris REIT Quarterly Data
2025-09 2025-12 2026-03 2026-06
Forward PE Ratio 9.13 10.26 10.23 13.33

FRA:H0D vs SPG, O, KIM: Forward PE Ratio Comparison

For the REIT - Retail subindustry, Primaris REIT'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.


Primaris REIT Forward PE Ratio vs REITs Industry

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

* The bar in red indicates where Primaris REIT's Forward PE Ratio falls into.


FRA:H0D
78GF Score
Primaris REIT FRA:H0D
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Primaris REIT 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 20.31 mean?
Primaris REIT (FRA:H0D) has a Forward PE Ratio of 20.31 as of Aug. 07, 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 Primaris REIT and its competitors. According to the industry distribution chart, Primaris REIT ranks #288 out of 458 companies in the REITs industry, placing it in the top 62.9%.
Is Primaris REIT's Forward PE Ratio too high?
Primaris REIT's current Forward PE Ratio is 20.31. The REITs industry median Forward PE Ratio is 16.53. Primaris REIT's value of 20.31 is 22.9% above this industry median. Based on the distribution chart, Primaris REIT ranks #288 out of 458 companies in the REITs industry, which is below the industry midpoint. Overall, Primaris REIT has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Primaris REIT's Forward PE Ratio compare to SPG and O?
According to the REITs industry distribution chart, Primaris REIT ranks #288 out of 458 companies for Forward PE Ratio. This places Primaris REIT in the lower half of its industry. The industry median Forward PE Ratio is 16.53. Primaris REIT's value of 20.31 is 22.9% 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 16.53, based on 458 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. Primaris REIT's current Forward PE Ratio of 20.31 is 22.9% 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 Primaris REIT and its competitors. For the REITs industry, the median Forward PE Ratio is 16.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primaris REIT's current Forward PE Ratio is 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primaris REIT stock overvalued right now?
Based on GuruFocus' analysis, Primaris REIT (FRA:H0D) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.02, compared to a current price of €13.47 — trading 22.3% above its estimated fair value. The current Forward PE Ratio is 20.31 and 22.9% above the REITs industry median of 16.53. Primaris REIT's overall GF Score™ is 78/100 with 8 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 Primaris REIT (FRA:H0D), the current Forward PE Ratio is 20.31 as of Aug. 07, 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 Primaris REIT (FRA:H0D) Overvalued in 2026?

Based on GuruFocus' analysis, Primaris REIT stock appears to be overvalued. The current stock price of €13.47 is trading 22.3% above its estimated GF Value™ of €11.02. GuruFocus considers Primaris REIT to be Modestly Overvalued.

Key valuation signals for FRA:H0D:

  • Forward PE Ratio: 20.31
  • GF Value™: €11.02 vs. price of €13.47 (22.3% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 22.9% above the REITs median (#288 of 458)

No single metric tells the full story. See the FRA:H0D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Primaris REIT Business Description

Industry Real EstateREITs
Other Exchanges PMREF:USAPMZ.UN:Canada
Address 181 Bay Street, Suite 2720, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Primaris REIT is an unincorporated, open-ended real estate investment trust. Through its subsidiaries, it owns, develops, and operates a national retail portfolio focused on enclosed shopping centres located in secondary Canadian markets. Its property portfolio includes: Dufferin Mall, Cataraqui Centre, Stone Road Mall, Orchard Park, Kildonan Place, Halifax Shopping Centre, Marlborough Mall, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.
78GF Score

Get the complete analysis for FRA:H0D

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

€13.47
Price
€11.02
GF Value