Dream Industrial Real Estate Investment Trust (FRA:6MS) PE Ratio (TTM): 21.45 (As of Jul. 04, 2026) — 74% Above Median


FRA:6MS Dream Industrial Real Estate Investment Trust FRA:6MS
73 GF Score
Price €8.41
GF Value €8.31
Valuation Fairly Valued
! 9 Warning Signs
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What is Dream Industrial Real Estate Investment Trust PE Ratio (TTM)?

Dream Industrial Real Estate Investment Trust FRA:6MS +1.90% 73 PE Ratio (TTM) is 21.45 as of Jul. 04, 2026, which is 74% above its 10-year median of 12.32. GuruFocus rates FRA:6MS with a GF Score™ of 73/100 and a GF Value™ of €8.31 (Fairly Valued). The stock has 9 warning signs investors should review. Among 747 REITs companies, Dream Industrial Real Estate Investment Trust ranks worse than 74.56% on this metric.

The PE Ratio (TTM), 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 (2026-07-04), Dream Industrial Real Estate Investment Trust's share price is €8.408. Dream Industrial Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.39. Therefore, Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) for today is 21.45.

Warning Sign:

Dream Industrial Real Estate Investment Trust stock PE Ratio (=22.77) is close to 1-year high of 23.39.


The historical rank and industry rank for Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) or its related term are showing as below:

FRA:6MS' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 2.85   Med: 12.32   Max: 248.38
Current: 22.77


During the past 13 years, the highest PE Ratio (TTM) of Dream Industrial Real Estate Investment Trust was 248.38. The lowest was 2.85. And the median was 12.32.


FRA:6MS's PE Ratio (TTM) is ranked worse than
74.56% of 747 companies
in the REITs industry
Industry Median: 13.38 vs FRA:6MS: 22.77

Dream Industrial Real Estate Investment Trust's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €0.13. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.39.

As of today (2026-07-04), Dream Industrial Real Estate Investment Trust's share price is €8.408. Dream Industrial Real Estate Investment Trust's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.57. Therefore, Dream Industrial Real Estate Investment Trust's PE Ratio without NRI for today is 14.65.

During the past 13 years, Dream Industrial Real Estate Investment Trust's highest PE Ratio without NRI was 30.06. The lowest was 10.23. And the median was 17.85.

Dream Industrial Real Estate Investment Trust's EPS without NRI for the three months ended in Mar. 2026 was €0.15. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.57.

During the past 12 months, Dream Industrial Real Estate Investment Trust's average EPS without NRI Growth Rate was -0.60% per year. During the past 3 years, the average EPS without NRI Growth Rate was -2.60% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.00% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.60% per year.

During the past 13 years, Dream Industrial Real Estate Investment Trust's highest 3-Year average EPS without NRI Growth Rate was 20.00% per year. The lowest was -8.60% per year. And the median was 1.15% per year.

Dream Industrial Real Estate Investment Trust's EPS (Basic) for the three months ended in Mar. 2026 was €0.14. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.40.


Dream Industrial Real Estate Investment Trust  (FRA:6MS) PE Ratio (TTM) Explanation

The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 (TTM) 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 (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) 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 (TTM).


Dream Industrial Real Estate Investment Trust PE Ratio (TTM) Related Terms


Dream Industrial Real Estate Investment Trust PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) 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.

Dream Industrial Real Estate Investment Trust PE Ratio (TTM) Chart

Dream Industrial Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.14 4.25 37.73 13.14 21.69

Dream Industrial Real Estate Investment Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 14.20 15.80 14.54 21.69 19.70

FRA:6MS vs PLD, PSA, EXR: PE Ratio (TTM) Comparison

For the REIT - Industrial subindustry, Dream Industrial Real Estate Investment Trust's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Dream Industrial Real Estate Investment Trust PE Ratio (TTM) vs REITs Industry

For the REITs industry and Real Estate sector, Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) falls into.


FRA:6MS
73GF Score
Dream Industrial Real Estate Investment Trust FRA:6MS
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dream Industrial Real Estate Investment Trust PE Ratio (TTM) Calculation

The PE Ratio (TTM), 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.

Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=8.408/0.392
=21.45

Dream Industrial Real Estate Investment Trust's Share Price of today is €8.408.
Dream Industrial Real Estate Investment Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.39.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

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

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. 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 (TTM) →
What does a PE Ratio (TTM) of 21.45 mean?
Dream Industrial Real Estate Investment Trust (FRA:6MS) has a PE Ratio (TTM) of 21.45 as of Jul. 04, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Dream Industrial Real Estate Investment Trust and its competitors. This is 74% above median its historical median of 12.32. Over the past decade, Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) has ranged from 2.85 to 248.38. According to the industry distribution chart, Dream Industrial Real Estate Investment Trust ranks #557 out of 747 companies in the REITs industry, placing it in the top 74.6%.
Is Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) too high?
Dream Industrial Real Estate Investment Trust's current PE Ratio (TTM) of 21.45 is 74% above median its 10-year median of 12.32. Over the past 10 years, this metric has ranged from a low of 2.85 to a high of 248.38. The REITs industry median PE Ratio (TTM) is 13.38. Dream Industrial Real Estate Investment Trust's value of 21.45 is 60.3% above this industry median. Based on the distribution chart, Dream Industrial Real Estate Investment Trust ranks #557 out of 747 companies in the REITs industry, which is below the industry midpoint. Overall, Dream Industrial Real Estate Investment Trust has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dream Industrial Real Estate Investment Trust's PE Ratio (TTM) compare to PLD and PSA?
According to the REITs industry distribution chart, Dream Industrial Real Estate Investment Trust ranks #557 out of 747 companies for PE Ratio (TTM). This places Dream Industrial Real Estate Investment Trust in the lower half of its industry. The industry median PE Ratio (TTM) is 13.38. Dream Industrial Real Estate Investment Trust's value of 21.45 is 60.3% above this benchmark. Historically, Dream Industrial Real Estate Investment Trust's own PE Ratio (TTM) has ranged from 2.85 to 248.38 over the past decade. While the company's 10-year median is 12.32 vs. the industry median of 13.38, Dream Industrial Real Estate Investment Trust 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 (TTM) for a REITs company?
The median PE Ratio (TTM) among REITs companies is 13.38, based on 747 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dream Industrial Real Estate Investment Trust's current PE Ratio (TTM) of 21.45 is 60.3% 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 (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Dream Industrial Real Estate Investment Trust and its competitors. For the REITs industry, the median PE Ratio (TTM) is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dream Industrial Real Estate Investment Trust's current PE Ratio (TTM) is 21.45, which is 74% above median its own 10-year median of 12.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dream Industrial Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust (FRA:6MS) is currently considered Fairly Valued. The stock's GF Value™ is €8.31, compared to a current price of €8.41 — trading 1.2% above its estimated fair value. The current PE Ratio (TTM) is 21.45, which is 74% above median its 10-year median of 12.32 and 60.3% above the REITs industry median of 13.38. Dream Industrial Real Estate Investment Trust's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Dream Industrial Real Estate Investment Trust (FRA:6MS), the current PE Ratio (TTM) is 21.45 as of Jul. 04, 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 Dream Industrial Real Estate Investment Trust (FRA:6MS) Overvalued in 2026?

Based on GuruFocus' analysis, Dream Industrial Real Estate Investment Trust stock appears to be overvalued. The current stock price of €8.41 is trading 1.2% above its estimated GF Value™ of €8.31. GuruFocus considers Dream Industrial Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for FRA:6MS:

  • PE Ratio (TTM): 21.45 (74% above median its 10-year median of 12.32)
  • GF Value™: €8.31 vs. price of €8.41 (1.2% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 60.3% above the REITs median (#557 of 747)

No single metric tells the full story. See the FRA:6MS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dream Industrial Real Estate Investment Trust Business Description

Industry Real EstateREITs
Other Exchanges DREUF:USADIR.UN:Canada
Address 30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust. Its portfolio comprises industrial properties located in key markets across Canada, Europe and the USA. Its objective is to build upon and grow its portfolio and to provide stable and sustainable cash distributions to its unitholders.The reportable operating segments of its investment properties and results of operations are segmented into the following components: Ontario, Quebec, Western Canada, Europe, the U.S., Dream Summit JV and Development JV.
73GF Score

Get the complete analysis for FRA:6MS

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

€8.41
Price
€8.31
GF Value