Waypoint REIT (ASX:WPR) PE Ratio without NRI: 8.21 (As of Jun. 25, 2026) — 16% Below Median


ASX:WPR Waypoint REIT Ltd ASX:WPR
74 GF Score
Price A$2.48
GF Value A$2.59
Valuation Fairly Valued
! 4 Warning Signs
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What is Waypoint REIT PE Ratio without NRI?

Waypoint REIT ASX:WPR 74 PE Ratio without NRI is 8.21 as of Jun. 25, 2026, which is 16% below its 10-year median of 9.81. GuruFocus rates ASX:WPR with a GF Score™ of 74/100 and a GF Value™ of A$2.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 752 REITs companies, Waypoint REIT ranks better than 76.6% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-25), Waypoint REIT's share price is A$2.48. Waypoint REIT's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.30. Therefore, Waypoint REIT's PE Ratio without NRI for today is 8.21.

During the past 9 years, Waypoint REIT's highest PE Ratio without NRI was 14.84. The lowest was 3.88. And the median was 9.81.

Waypoint REIT's EPS without NRI for the six months ended in Dec. 2025 was A$0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.30.

As of today (2026-06-25), Waypoint REIT's share price is A$2.48. Waypoint REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.30. Therefore, Waypoint REIT's PE Ratio (TTM) for today is 8.21.

Good Sign:

Waypoint REIT Ltd stock PE Ratio (=8.18) is close to 3-year low of 7.88.

During the past years, Waypoint REIT's highest PE Ratio (TTM) was 14.84. The lowest was 3.88. And the median was 9.81.

Waypoint REIT's EPS (Diluted) for the six months ended in Dec. 2025 was A$0.10. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.30.

Waypoint REIT's EPS (Basic) for the six months ended in Dec. 2025 was A$0.10. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.30.


Waypoint REIT  (ASX:WPR) PE Ratio without NRI 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 or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI 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 Ratio s 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.


Waypoint REIT PE Ratio without NRI Related Terms


Waypoint REIT PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Waypoint REIT's PE Ratio without NRI 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.

Waypoint REIT PE Ratio without NRI Chart

Waypoint REIT Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only 4.95 14.47 At Loss 11.89 8.44

Waypoint REIT Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PE Ratio without NRI 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 At Loss At Loss 11.89 At Loss 8.44

ASX:WPR vs EQIX, AMT, DLR: PE Ratio without NRI Comparison

For the REIT - Specialty subindustry, Waypoint REIT's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.


Waypoint REIT PE Ratio without NRI vs REITs Industry

For the REITs industry and Real Estate sector, Waypoint REIT's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Waypoint REIT's PE Ratio without NRI falls into.


ASX:WPR
74GF Score
Waypoint REIT Ltd ASX:WPR
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Waypoint REIT PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

Waypoint REIT's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.48/0.302
=8.21

Waypoint REIT's Share Price of today is A$2.48.
For company reported semi-annually, Waypoint REIT's EPS without NRI 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 A$0.30.

* 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.

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 case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), 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.

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 without NRI →
What does a PE Ratio without NRI of 8.21 mean?
Waypoint REIT (ASX:WPR) has a PE Ratio without NRI of 8.21 as of Jun. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Waypoint REIT and its competitors. This is 16% below median its historical median of 9.81. Over the past decade, Waypoint REIT's PE Ratio without NRI has ranged from 3.88 to 14.84. According to the industry distribution chart, Waypoint REIT ranks #176 out of 752 companies in the REITs industry, placing it in the top 23.4%.
Is Waypoint REIT's PE Ratio without NRI too high?
Waypoint REIT's current PE Ratio without NRI of 8.21 is 16% below median its 10-year median of 9.81. Over the past 10 years, this metric has ranged from a low of 3.88 to a high of 14.84. The REITs industry median PE Ratio without NRI is 13.92. Waypoint REIT's value of 8.21 is 41% below this industry median. Based on the distribution chart, Waypoint REIT ranks #176 out of 752 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Waypoint REIT has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Waypoint REIT's PE Ratio without NRI compare to EQIX and AMT?
According to the REITs industry distribution chart, Waypoint REIT ranks #176 out of 752 companies for PE Ratio without NRI. This places Waypoint REIT in the top 23% of its industry — outperforming the majority of peers. The industry median PE Ratio without NRI is 13.92. Waypoint REIT's value of 8.21 is 41% below this benchmark. Historically, Waypoint REIT's own PE Ratio without NRI has ranged from 3.88 to 14.84 over the past decade. While the company's 10-year median is 9.81 vs. the industry median of 13.92, Waypoint REIT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for a REITs company?
The median PE Ratio without NRI among REITs companies is 13.92, based on 752 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waypoint REIT's current PE Ratio without NRI of 8.21 is 41% below 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Waypoint REIT and its competitors. For the REITs industry, the median PE Ratio without NRI is 13.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waypoint REIT's current PE Ratio without NRI is 8.21, which is 16% below median its own 10-year median of 9.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waypoint REIT stock overvalued right now?
Based on GuruFocus' analysis, Waypoint REIT (ASX:WPR) is currently considered Fairly Valued. The stock's GF Value™ is A$2.59, compared to a current price of A$2.48 — trading 4.2% below its estimated fair value. The current PE Ratio without NRI is 8.21, which is 16% below median its 10-year median of 9.81 and 41% below the REITs industry median of 13.92. Waypoint REIT's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Waypoint REIT (ASX:WPR), the current PE Ratio without NRI is 8.21 as of Jun. 25, 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 Waypoint REIT (ASX:WPR) Overvalued in 2026?

Based on GuruFocus' analysis, Waypoint REIT stock appears to be undervalued. The current stock price of A$2.48 is trading 4.2% below its estimated GF Value™ of A$2.59. GuruFocus considers Waypoint REIT to be Fairly Valued.

Key valuation signals for ASX:WPR:

  • PE Ratio without NRI: 8.21 (16% below median its 10-year median of 9.81)
  • GF Value™: A$2.59 vs. price of A$2.48 (4.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 41% below the REITs median (#176 of 752)

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


Waypoint REIT Business Description

Industry Real EstateREITs
Other Exchanges 1V2:Germany
Address 720 Bourke Street, Level 15, Docklands, VIC, AUS, 3008
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy, and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.
74GF Score

Get the complete analysis for ASX:WPR

PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$2.48
Price
A$2.59
GF Value