KKR Real Estate Finance Trust (NYSE:KREF) 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 .
KKR Real Estate Finance Trust Forward PE Ratio Related Terms
KKR Real Estate Finance Trust Forward PE Ratio Historical Data
* 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.
KKR Real Estate Finance Trust Forward PE Ratio Chart
KKR Real Estate Finance Trust Annual Data
Trend
2019-12
2024-12
2025-12
Forward PE Ratio
11.74
9.72
14.25
KKR Real Estate Finance Trust Quarterly Data
2019-12
2020-03
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.74
5.81
9.72
12.25
16.38
11.50
14.25
10.27
KREF vs CMTG, RWT, RC: Forward PE Ratio Comparison
For the REIT - Mortgage subindustry, KKR Real Estate Finance 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.
KKR Real Estate Finance Trust Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where KKR Real Estate Finance Trust's Forward PE Ratio falls into.
KKR Real Estate Finance 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.
KKR Real Estate Finance Trust (KREF) has a Forward PE Ratio of 55.25 as of Jun. 29, 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 KKR Real Estate Finance Trust and its competitors. According to the industry distribution chart, KKR Real Estate Finance Trust ranks #417 out of 463 companies in the REITs industry, placing it in the top 90.1%.
Is KKR Real Estate Finance Trust's Forward PE Ratio too high?
KKR Real Estate Finance Trust's current Forward PE Ratio is 55.25. The REITs industry median Forward PE Ratio is 16.41. KKR Real Estate Finance Trust's value of 55.25 is 236.7% above this industry median. Based on the distribution chart, KKR Real Estate Finance Trust ranks #417 out of 463 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, KKR Real Estate Finance Trust has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KKR Real Estate Finance Trust's Forward PE Ratio compare to CMTG and RWT?
According to the REITs industry distribution chart, KKR Real Estate Finance Trust ranks #417 out of 463 companies for Forward PE Ratio. This places KKR Real Estate Finance Trust in the lower half of its industry. The industry median Forward PE Ratio is 16.41. KKR Real Estate Finance Trust's value of 55.25 is 236.7% 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 16.41, based on 463 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. KKR Real Estate Finance Trust's current Forward PE Ratio of 55.25 is 236.7% 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 KKR Real Estate Finance Trust and its competitors. For the REITs industry, the median Forward PE Ratio is 16.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KKR Real Estate Finance Trust's current Forward PE Ratio is 55.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KKR Real Estate Finance Trust stock overvalued right now?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust (KREF) is currently considered Fairly Valued. The stock's GF Value™ is $7.16, compared to a current price of $7.17 — trading 0.1% above its estimated fair value. The current Forward PE Ratio is 55.25 and 236.7% above the REITs industry median of 16.41. KKR Real Estate Finance Trust's overall GF Score™ is 46/100 with 3 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 KKR Real Estate Finance Trust (KREF), the current Forward PE Ratio is 55.25 as of Jun. 29, 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 KKR Real Estate Finance Trust (KREF) Overvalued in 2026?
Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued.
The current stock price of $7.17 is trading 0.1% above its estimated GF Value™ of $7.16.
GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.
Key valuation signals for KREF:
Forward PE Ratio: 55.25
GF Value™: $7.16 vs. price of $7.17 (0.1% above fair value)
Industry Position: 236.7% above the REITs median (#417 of 463)
No single metric tells the full story. See the KREF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KKR Real Estate Finance Trust Business Description
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
46GF Score
Get the complete analysis for KREF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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