Wereldhave Belgium (LTS:0N2C) PE Ratio: 12.11 (As of Jul. 14, 2026) — Near Median

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LTS:0N2C Wereldhave Belgium LTS:0N2C
81 GF Score
Price €52.90
GF Value €53.32
Valuation Fairly Valued
! 8 Warning Signs
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What is Wereldhave Belgium PE Ratio?

Wereldhave Belgium LTS:0N2C -1.12% 81 PE Ratio is 12.11 as of Jul. 14, 2026, which is 2% above its 10-year median of 11.90. GuruFocus rates LTS:0N2C with a GF Score™ of 81/100 and a GF Value™ of €53.32 (Fairly Valued). The stock has 8 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-14), Wereldhave Belgium's share price is €52.90. Wereldhave Belgium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.37. Therefore, Wereldhave Belgium's PE Ratio for today is 12.11.

Warning Sign:

Wereldhave Belgium stock PE Ratio (=12.08) is close to 1-year high of 13.14.

During the past 13 years, Wereldhave Belgium's highest PE Ratio was 23.35. The lowest was 4.83. And the median was 11.90.

Wereldhave Belgium's EPS (Diluted) for the six months ended in Dec. 2025 was €2.07. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.37.

As of today (2026-07-14), Wereldhave Belgium's share price is €52.90. Wereldhave Belgium's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €4.35. Therefore, Wereldhave Belgium's PE Ratio without NRI ratio for today is 12.16.

During the past 13 years, Wereldhave Belgium's highest PE Ratio without NRI was 22.58. The lowest was 4.58. And the median was 11.59.

Wereldhave Belgium's EPS without NRI for the six months ended in Dec. 2025 was €1.86. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was €4.35.

During the past 12 months, Wereldhave Belgium's average EPS without NRI Growth Rate was -46.10% per year. During the past 3 years, the average EPS without NRI Growth Rate was 4.10% per year.

During the past 13 years, Wereldhave Belgium's highest 3-Year average EPS without NRI Growth Rate was 469.50% per year. The lowest was -82.80% per year. And the median was 6.20% per year.

Wereldhave Belgium's EPS (Basic) for the six months ended in Dec. 2025 was €2.07. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.37.

Back to Basics: PE Ratio


Wereldhave Belgium  (LTS:0N2C) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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.


Wereldhave Belgium PE Ratio Related Terms


Wereldhave Belgium PE Ratio Historical Data

* Premium members only.

The historical data trend for Wereldhave Belgium's 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.

Wereldhave Belgium PE Ratio Chart

Wereldhave Belgium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 7.83 14.68 4.85 12.13

Wereldhave Belgium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.68 At Loss 4.85 At Loss 12.13

LTS:0N2C vs SPG, O, KIM: PE Ratio Comparison

For the REIT - Retail subindustry, Wereldhave Belgium's PE Ratio, along with its competitors' market caps and 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.


Wereldhave Belgium PE Ratio vs REITs Industry

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

* The bar in red indicates where Wereldhave Belgium's PE Ratio falls into.


LTS:0N2C
81GF Score
Wereldhave Belgium LTS:0N2C
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wereldhave Belgium PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Wereldhave Belgium's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=52.90/4.370
=12.11

Wereldhave Belgium's Share Price of today is €52.90.
For company reported semi-annually, Wereldhave Belgium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €4.37.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 12.11 mean?
Wereldhave Belgium (LTS:0N2C) has a PE Ratio of 12.11 as of Jul. 14, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Wereldhave Belgium and its competitors. This is near median its historical median of 11.90. Over the past decade, Wereldhave Belgium's PE Ratio has ranged from 4.83 to 23.35.
Is Wereldhave Belgium's PE Ratio too high?
Wereldhave Belgium's current PE Ratio of 12.11 is near median its 10-year median of 11.90. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 23.35. Overall, Wereldhave Belgium has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wereldhave Belgium's PE Ratio compare to SPG and O?
Wereldhave Belgium's PE Ratio of 12.11 can be compared against companies in the REITs industry. Historically, Wereldhave Belgium's own PE Ratio has ranged from 4.83 to 23.35 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for a REITs company?
A good PE Ratio depends on the REITs industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on Wereldhave Belgium and its competitors. Wereldhave Belgium's current PE Ratio is 12.11, which is near median its own 10-year median of 11.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wereldhave Belgium stock overvalued right now?
Based on GuruFocus' analysis, Wereldhave Belgium (LTS:0N2C) is currently considered Fairly Valued. The stock's GF Value™ is €53.32, compared to a current price of €52.90 — trading 0.8% below its estimated fair value. The current PE Ratio is 12.11, which is near median its 10-year median of 11.90. Wereldhave Belgium's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For Wereldhave Belgium (LTS:0N2C), the current PE Ratio is 12.11 as of Jul. 14, 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 Wereldhave Belgium (LTS:0N2C) Overvalued in 2026?

Based on GuruFocus' analysis, Wereldhave Belgium stock appears to be undervalued. The current stock price of €52.90 is trading 0.8% below its estimated GF Value™ of €53.32. GuruFocus considers Wereldhave Belgium to be Fairly Valued.

Key valuation signals for LTS:0N2C:

  • PE Ratio: 12.11 (near median its 10-year median of 11.90)
  • GF Value™: €53.32 vs. price of €52.90 (0.8% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the LTS:0N2C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wereldhave Belgium Business Description

Industry Real EstateREITs
Other Exchanges WEHB:Belgium
Address Medialaan 30 bus 6, Vilvoorde, BEL, 1800
Wereldhave Belgium is a publicly-regulated real estate company with a focus on commercial property and operating in Belgium. Wereldhave Belgium targets shopping centers as new investments. Its operational shopping center portfolio includes locations in Liege, Nivelles, Tournai, Ghent, Genk, Waterloo, and Kortrijk. The company also owns office properties in Brussels, Vilvoorde, and Antwerp. The company's focus is to create value through both active management and redevelopment, with tactics that include maintaining contact with lessees to acquire up-to-date market information. The company has two segments: offices and retail.
81GF Score

Get the complete analysis for LTS:0N2C

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

€52.90
Price
€53.32
GF Value