KPN Freehold And Leasehold REIT (BKK:KPNREIT) PE Ratio without NRI: 153.85 (As of Sep. 16, 2026) — 700% Above Median

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BKK:KPNREIT KPN Freehold And Leasehold REIT BKK:KPNREIT
64 GF Score
Price ฿2.00
GF Value ฿2.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is KPN Freehold And Leasehold REIT PE Ratio without NRI?

KPN Freehold And Leasehold REIT BKK:KPNREIT 64 PE Ratio without NRI is 153.85 as of Sep. 16, 2026, which is 700% above its 10-year median of 19.23. GuruFocus rates BKK:KPNREIT with a GF Score™ of 64/100 and a GF Value™ of ฿2.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 757 REITs companies, KPN Freehold And Leasehold REIT ranks better than 63.8% 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 (2026-09-16), KPN Freehold And Leasehold REIT's share price is ฿2.00. KPN Freehold And Leasehold REIT's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0.20. Therefore, KPN Freehold And Leasehold REIT's PE Ratio without NRI for today is 153.85.

During the past 11 years, KPN Freehold And Leasehold REIT's highest PE Ratio without NRI was 2440.00. The lowest was 10.00. And the median was 19.23.

KPN Freehold And Leasehold REIT's EPS without NRI for the three months ended in Sep. 2024 was ฿0.03. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0.20.

As of today (2026-09-16), KPN Freehold And Leasehold REIT's share price is ฿2.00. KPN Freehold And Leasehold REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0.31. Therefore, KPN Freehold And Leasehold REIT's PE Ratio (TTM) for today is At Loss.

Good Sign:

KPN Freehold And Leasehold REIT stock PE Ratio (=6.47) is close to 10-year low of 6.41.

During the past years, KPN Freehold And Leasehold REIT's highest PE Ratio (TTM) was 2440.00. The lowest was 6.41. And the median was 24.64.

KPN Freehold And Leasehold REIT's EPS (Diluted) for the three months ended in Sep. 2024 was ฿0.03. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0.31.

KPN Freehold And Leasehold REIT's EPS (Basic) for the three months ended in Sep. 2024 was ฿0.03. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2024 was ฿0.31.


KPN Freehold And Leasehold REIT  (BKK:KPNREIT) 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.


KPN Freehold And Leasehold REIT PE Ratio without NRI Related Terms


KPN Freehold And Leasehold REIT PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for KPN Freehold And Leasehold 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.

KPN Freehold And Leasehold REIT PE Ratio without NRI Chart

KPN Freehold And Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.53 21.19 40.85 40.47 241.35

KPN Freehold And Leasehold REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 72.46 241.35 126.21 310.67 215.03

BKK:KPNREIT vs BXP, ARE, VNO: PE Ratio without NRI Comparison

For the REIT - Office subindustry, KPN Freehold And Leasehold 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.


KPN Freehold And Leasehold REIT PE Ratio without NRI vs REITs Industry

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

* The bar in red indicates where KPN Freehold And Leasehold REIT's PE Ratio without NRI falls into.


BKK:KPNREIT
64GF Score
KPN Freehold And Leasehold REIT BKK:KPNREIT
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KPN Freehold And Leasehold 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.

KPN Freehold And Leasehold REIT's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=2.00/0.013
=153.85

KPN Freehold And Leasehold REIT's Share Price of today is ฿2.00.
KPN Freehold And Leasehold REIT's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.20.

* 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 153.85 mean?
KPN Freehold And Leasehold REIT (BKK:KPNREIT) has a PE Ratio without NRI of 153.85 as of Sep. 16, 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 KPN Freehold And Leasehold REIT and its competitors. This is 700% above median its historical median of 19.23. Over the past decade, KPN Freehold And Leasehold REIT's PE Ratio without NRI has ranged from 10.00 to 2,440.00. According to the industry distribution chart, KPN Freehold And Leasehold REIT ranks #274 out of 757 companies in the REITs industry, placing it in the top 36.2%.
Is KPN Freehold And Leasehold REIT's PE Ratio without NRI too high?
KPN Freehold And Leasehold REIT's current PE Ratio without NRI of 153.85 is 700% above median its 10-year median of 19.23. Over the past 10 years, this metric has ranged from a low of 10.00 to a high of 2,440.00. The REITs industry median PE Ratio without NRI is 13.51. KPN Freehold And Leasehold REIT's value of 153.85 is 1038.8% above this industry median. Based on the distribution chart, KPN Freehold And Leasehold REIT ranks #274 out of 757 companies in the REITs industry, which is above the industry midpoint. Overall, KPN Freehold And Leasehold REIT has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KPN Freehold And Leasehold REIT's PE Ratio without NRI compare to BXP and ARE?
According to the REITs industry distribution chart, KPN Freehold And Leasehold REIT ranks #274 out of 757 companies for PE Ratio without NRI. This puts KPN Freehold And Leasehold REIT in the upper half of its industry. The industry median PE Ratio without NRI is 13.51. KPN Freehold And Leasehold REIT's value of 153.85 is 1038.8% above this benchmark. Historically, KPN Freehold And Leasehold REIT's own PE Ratio without NRI has ranged from 10.00 to 2,440.00 over the past decade. While the company's 10-year median is 19.23 vs. the industry median of 13.51, KPN Freehold And Leasehold REIT has consistently been above 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 13.51, based on 757 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. KPN Freehold And Leasehold REIT's current PE Ratio without NRI of 153.85 is 1038.8% 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 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 KPN Freehold And Leasehold REIT and its competitors. For the REITs industry, the median PE Ratio without NRI is 13.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KPN Freehold And Leasehold REIT's current PE Ratio without NRI is 153.85, which is 700% above median its own 10-year median of 19.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KPN Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, KPN Freehold And Leasehold REIT (BKK:KPNREIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.80, compared to a current price of ฿2.00 — trading 28.6% below its estimated fair value. The current PE Ratio without NRI is 153.85, which is 700% above median its 10-year median of 19.23 and 1038.8% above the REITs industry median of 13.51. KPN Freehold And Leasehold REIT's overall GF Score™ is 64/100 with 3 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 KPN Freehold And Leasehold REIT (BKK:KPNREIT), the current PE Ratio without NRI is 153.85 as of Sep. 16, 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 KPN Freehold And Leasehold REIT (BKK:KPNREIT) Overvalued in 2026?

Based on GuruFocus' analysis, KPN Freehold And Leasehold REIT stock appears to be undervalued. The current stock price of ฿2.00 is trading 28.6% below its estimated GF Value™ of ฿2.80. GuruFocus considers KPN Freehold And Leasehold REIT to be Modestly Undervalued.

Key valuation signals for BKK:KPNREIT:

  • PE Ratio without NRI: 153.85 (700% above median its 10-year median of 19.23)
  • GF Value™: ฿2.80 vs. price of ฿2.00 (28.6% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 1038.8% above the REITs median (#274 of 757)

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


KPN Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Witthayu Road, No. 63, 18th Floor, Room No. 1802, Athenee Tower Building, Lumphini Subdistrict, Pathumwan, Bangkok, THA, 10330
KPN REIT Formerly KPN Tower Property Fund is a closed-end property fund. The fund raises funds, invests it in property, and generates benefits from such property. The company operates a property investment business from which it derives the majority of its revenues from Thailand.
64GF Score

Get the complete analysis for BKK:KPNREIT

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

฿2.00
Price
฿2.80
GF Value