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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 (2026-07-22), Hoshino Resorts REIT's share price is
€1300.00.
Hoshino Resorts REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €71.11. Therefore, Hoshino Resorts REIT's PE Ratio (TTM) for today is 18.28.
Good Sign:
Hoshino Resorts REIT Inc stock PE Ratio (=21.88) is close to 5-year low of 21.11.
The historical rank and industry rank for Hoshino Resorts REIT's PE Ratio (TTM) or its related term are showing as below:
FRA:A3F'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 10.08 Med: 25.76 Max: 57.95
Current: 18.97
During the past 13 years, the highest PE Ratio (TTM) of Hoshino Resorts REIT was 57.95. The lowest was 10.08. And the median was 25.76.
FRA:A3F's PE Ratio (TTM) is ranked worse than 66.35% of 746
companies
in the REITs industry
Industry Median: 13.435
vs FRA:A3F: 18.97
During the past 12 months, Hoshino Resorts REIT's average EPS without NRIGrowth Rate was 39.60% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 12.40% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 0.50% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -2.20% per year.
During the past 13 years, Hoshino Resorts REIT's highest 3-Year average EPS without NRI Growth Rate was 16.80% per year. The lowest was -20.40% per year. And the median was 6.80% per year.
Hoshino Resorts REIT's EPS (Basic) for the
six
months ended in Apr. 2026 was €36.66.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was €71.11.
Hoshino Resorts REIT (FRA:A3F) 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.
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).
Hoshino Resorts REIT PE Ratio (TTM) Related Terms
Hoshino Resorts REIT PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Hoshino Resorts REIT'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.
FRA:A3F vs HST, RHP, APLE: PE Ratio (TTM) Comparison
For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.
Hoshino Resorts REIT PE Ratio (TTM) vs REITs Industry
For the REITs industry and Real Estate sector, Hoshino Resorts REIT's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Hoshino Resorts REIT's PE Ratio (TTM) falls into.
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.
Hoshino Resorts REIT's Share Price of today is €1300.00.
For company reported semi-annually, Hoshino Resorts REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €71.11.
* 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 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.
Hoshino Resorts REIT (FRA:A3F) has a PE Ratio (TTM) of 18.28 as of Jul. 22, 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 Hoshino Resorts REIT and its competitors. This is 29% below median its historical median of 25.76. Over the past decade, Hoshino Resorts REIT's PE Ratio (TTM) has ranged from 10.08 to 57.95. According to the industry distribution chart, Hoshino Resorts REIT ranks #495 out of 746 companies in the REITs industry, placing it in the top 66.4%.
Is Hoshino Resorts REIT's PE Ratio (TTM) too high?
Hoshino Resorts REIT's current PE Ratio (TTM) of 18.28 is 29% below median its 10-year median of 25.76. Over the past 10 years, this metric has ranged from a low of 10.08 to a high of 57.95. The REITs industry median PE Ratio (TTM) is 13.44. Hoshino Resorts REIT's value of 18.28 is 36.1% above this industry median. Based on the distribution chart, Hoshino Resorts REIT ranks #495 out of 746 companies in the REITs industry, which is below the industry midpoint. Overall, Hoshino Resorts REIT has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Hoshino Resorts REIT's PE Ratio (TTM) compare to HST and RHP?
According to the REITs industry distribution chart, Hoshino Resorts REIT ranks #495 out of 746 companies for PE Ratio (TTM). This places Hoshino Resorts REIT in the lower half of its industry. The industry median PE Ratio (TTM) is 13.44. Hoshino Resorts REIT's value of 18.28 is 36.1% above this benchmark. Historically, Hoshino Resorts REIT's own PE Ratio (TTM) has ranged from 10.08 to 57.95 over the past decade. While the company's 10-year median is 25.76 vs. the industry median of 13.44, Hoshino Resorts 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 (TTM) for a REITs company?
The median PE Ratio (TTM) among REITs companies is 13.44, based on 746 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. Hoshino Resorts REIT's current PE Ratio (TTM) of 18.28 is 36.1% 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 Hoshino Resorts REIT and its competitors. For the REITs industry, the median PE Ratio (TTM) is 13.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoshino Resorts REIT's current PE Ratio (TTM) is 18.28, which is 29% below median its own 10-year median of 25.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshino Resorts REIT stock overvalued right now?
Hoshino Resorts REIT (FRA:A3F) has a current PE Ratio (TTM) of 18.28. The stock's GF Value™ is €1,646.09, compared to a current price of €1,300.00 — trading 21% below its estimated fair value. The current PE Ratio (TTM) is 18.28, which is 29% below median its 10-year median of 25.76 and 36.1% above the REITs industry median of 13.44. Hoshino Resorts REIT's overall GF Score™ is 71/100 with 5 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 Hoshino Resorts REIT (FRA:A3F), the current PE Ratio (TTM) is 18.28 as of Jul. 22, 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 Hoshino Resorts REIT (FRA:A3F) Overvalued in 2026?
Based on GuruFocus' analysis, Hoshino Resorts REIT stock appears to be undervalued.
The current stock price of €1,300.00 is trading 21% below its estimated GF Value™ of €1,646.09.
Key valuation signals for FRA:A3F:
PE Ratio (TTM): 18.28 (29% below median its 10-year median of 25.76)
GF Value™: €1,646.09 vs. price of €1,300.00 (21% below fair value)
Industry Position: 36.1% above the REITs median (#495 of 746)
No single metric tells the full story. See the FRA:A3F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.
71GF Score
Get the complete analysis for FRA:A3F
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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