CT Real Estate Investment Trust (CT Real Estate Investment Trust) Forward PE Ratio : 11.34 (As of Apr. 27, 2024)

View and export this data going back to 2016. Start your Free Trial

What is CT Real Estate Investment Trust Forward PE Ratio?

CT Real Estate Investment Trust's Forward PE Ratio for today is 11.34.

CT Real Estate Investment Trust's PE Ratio without NRI for today is 12.76.

CT Real Estate Investment Trust's PE Ratio for today is 15.63.

CT Real Estate Investment Trust Forward PE Ratio Historical Data

The historical data trend for CT Real Estate Investment 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.

* Premium members only.

CT Real Estate Investment Trust Forward PE Ratio Chart

CT Real Estate Investment Trust Annual Data

Trend

2016-12

2017-05

2018-10

2019-12

2020-10

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

15.58

16.08

13.23

14.93

14.39

14.77

14.01

10.22

11.34

CT Real Estate Investment Trust Quarterly Data
	2016-12	2017-03	2018-03	2019-06	2019-09	2019-12	2020-06	2020-09	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	15.58	15.43	14.22	14.27	13.74	14.93	15.15	14.77	14.41	15.24	15.67	14.77	15.20	15.38	14.53	14.01	13.39	11.22	10.32	10.22	12.08

Competitive Comparison of CT Real Estate Investment Trust's Forward PE Ratio

For the REIT - Retail subindustry, CT Real Estate Investment 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.

CT Real Estate Investment Trust's Forward PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where CT Real Estate Investment Trust's Forward PE Ratio falls into.

CT Real Estate Investment 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.

CT Real Estate Investment Trust (OTCPK:CTRRF) 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 .

CT Real Estate Investment Trust Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of CT Real Estate Investment Trust's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

CT Real Estate Investment Trust (CT Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CT Real Estate Investment Trust (OTCPK:CTRRF) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CRT.UN:Canada

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.ctreit.com

CT Real Estate Investment Trust is an unincorporated real estate investment trust that invests in retail properties across Canada. The most significant portion of properties are located in Ontario, followed by Quebec and Western Canada. The trust generates the vast majority of revenue from leasing its properties to Canadian Tire Corporation, which operates the Canadian Tire retail stores. The trust's portfolio primarily consists of properties anchored by a Canadian Tire retail store, in addition to retail properties not anchored by Canadian Tire, distribution centres, and mixed-use commercial property.

CT Real Estate Investment Trust (CT Real Estate Investment Trust) Headlines

From GuruFocus

CT REIT opens the market

By PRNewswire • 10-23-2023