Cofinimmo/NV (XBRU:COFB) Forward PE Ratio : 9.60 (As of Apr. 26, 2024)

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What is Cofinimmo/NV Forward PE Ratio?

Cofinimmo/NV's Forward PE Ratio for today is 9.60.

Cofinimmo/NV's PE Ratio without NRI for today is 8.74.

Cofinimmo/NV's PE Ratio for today is 0.00.

Cofinimmo/NV Forward PE Ratio Historical Data

The historical data trend for Cofinimmo/NV'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.

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Cofinimmo/NV Forward PE Ratio Chart

Cofinimmo/NV Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

15.06

17.21

17.24

10.63

13.91

11.47

17.76

11.55

10.78

9.74

Cofinimmo/NV Quarterly Data
	2015-12	2016-03	2016-06	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	2024-03
Forward PE Ratio	15.06	16.92	17.48	17.83	17.21	16.45	16.53	17.06	17.24	16.29	16.61	10.43	10.63	13.05	15.22	13.83	13.91	12.02	12.99	11.83	11.47	18.12	18.35	19.46	17.76	17.51	14.60	11.70	11.55	11.90	10.04	9.35	10.78	9.14

Competitive Comparison of Cofinimmo/NV's Forward PE Ratio

For the REIT - Diversified subindustry, Cofinimmo/NV'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.

Cofinimmo/NV's Forward PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Cofinimmo/NV's Forward PE Ratio falls into.

Cofinimmo/NV 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.

Cofinimmo/NV (XBRU:COFB) 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 .

Cofinimmo/NV Forward PE Ratio Related Terms

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Cofinimmo/NV (XBRU:COFB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cofinimmo SA/NV (XBRU:COFB) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

CFMOF:USA COFBb:UK 0J3X:UK COF:Germany COFB:Austria

Address

58 Boulevard de la Woluwedal, Brussels, BEL, 1200

Website

https://www.cofinimmo.com

Cofinimmo SA/NV is a Belgian real estate company primarily engaged in the ownership and management of the rental property in Western Europe. The vast majority of Cofinimmo's properties are split between office and healthcare purposes. The remainder is mainly restaurants, pubs, and insurance agencies. Most of Cofinimmo's assets are located in Belgium, while France is also home to a substantial share. The company's major tenants include healthcare firms, pubs and restaurants, banks, and insurance firms. Cofinimmo generates nearly all of its revenue through rental income. The company's healthcare and restaurant tenants typically sign long-term leases, while its office tenants generally elect for short-term agreements.

Cofinimmo/NV (XBRU:COFB) Headlines

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