Tosei Reit Investment (TSE:3451) Forward PE Ratio: 33.94 (As of Aug. 20, 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.

TSE:3451 Tosei Reit Investment Corp TSE:3451
58 GF Score
Price 円131,500.00
GF Value 円142,844.78
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tosei Reit Investment Forward PE Ratio?

Tosei Reit Investment TSE:3451 +0.92% 58 Forward PE Ratio is 33.94 as of Aug. 20, 2026. GuruFocus rates TSE:3451 with a GF Score™ of 58/100 and a GF Value™ of 円142,844.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 456 REITs companies, Tosei Reit Investment ranks worse than 79.82% on this metric.

Tosei Reit Investment's Forward PE Ratio for today is 33.94.

Tosei Reit Investment's PE Ratio without NRI for today is 16.87.

Tosei Reit Investment's PE Ratio (TTM) for today is 16.85.


Tosei Reit Investment  (TSE:3451) 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 .


Tosei Reit Investment Forward PE Ratio Related Terms


Tosei Reit Investment Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Tosei Reit Investment'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.

Tosei Reit Investment Forward PE Ratio Chart

Tosei Reit Investment Annual Data
Trend
Forward PE Ratio

Tosei Reit Investment Semi-Annual Data
2026-04
Forward PE Ratio 37.44

TSE:3451 vs VICI, WPC: Forward PE Ratio Comparison

For the REIT - Diversified subindustry, Tosei Reit Investment'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.


Tosei Reit Investment Forward PE Ratio vs REITs Industry

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

* The bar in red indicates where Tosei Reit Investment's Forward PE Ratio falls into.


TSE:3451
58GF Score
Tosei Reit Investment Corp TSE:3451
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tosei Reit Investment 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 33.94 mean?
Tosei Reit Investment (TSE:3451) has a Forward PE Ratio of 33.94 as of Aug. 20, 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 Tosei Reit Investment and its competitors. According to the industry distribution chart, Tosei Reit Investment ranks #364 out of 456 companies in the REITs industry, placing it in the top 79.8%.
Is Tosei Reit Investment's Forward PE Ratio too high?
Tosei Reit Investment's current Forward PE Ratio is 33.94. The REITs industry median Forward PE Ratio is 16.22. Tosei Reit Investment's value of 33.94 is 109.3% above this industry median. Based on the distribution chart, Tosei Reit Investment ranks #364 out of 456 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Tosei Reit Investment has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tosei Reit Investment's Forward PE Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Tosei Reit Investment ranks #364 out of 456 companies for Forward PE Ratio. This places Tosei Reit Investment in the lower half of its industry. The industry median Forward PE Ratio is 16.22. Tosei Reit Investment's value of 33.94 is 109.3% 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 16.22, based on 456 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. Tosei Reit Investment's current Forward PE Ratio of 33.94 is 109.3% 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 Tosei Reit Investment and its competitors. For the REITs industry, the median Forward PE Ratio is 16.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosei Reit Investment's current Forward PE Ratio is 33.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei Reit Investment stock overvalued right now?
Based on GuruFocus' analysis, Tosei Reit Investment (TSE:3451) is currently considered Fairly Valued. The stock's GF Value™ is 円142,844.78, compared to a current price of 円131,500.00 — trading 7.9% below its estimated fair value. The current Forward PE Ratio is 33.94 and 109.3% above the REITs industry median of 16.22. Tosei Reit Investment's overall GF Score™ is 58/100 with 5 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 Tosei Reit Investment (TSE:3451), the current Forward PE Ratio is 33.94 as of Aug. 20, 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 Tosei Reit Investment (TSE:3451) Overvalued in 2026?

Based on GuruFocus' analysis, Tosei Reit Investment stock appears to be undervalued. The current stock price of 円131,500.00 is trading 7.9% below its estimated GF Value™ of 円142,844.78. GuruFocus considers Tosei Reit Investment to be Fairly Valued.

Key valuation signals for TSE:3451:

  • Forward PE Ratio: 33.94
  • GF Value™: 円142,844.78 vs. price of 円131,500.00 (7.9% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 109.3% above the REITs median (#364 of 456)

No single metric tells the full story. See the TSE:3451 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosei Reit Investment Business Description

Industry Real EstateREITs
Address 4-5-4 Shibaura, Tamachi Tosei Building, Minato-ku, Tokyo, JPN
Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.
58GF Score

Get the complete analysis for TSE:3451

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

円131,500.00
Price
円142,844.78
GF Value