During the past 11 years, Nomura Real Estate Master Fund's highest 3-Year average EPS without NRI Growth Rate was 8.10% per year. The lowest was -10.10% per year. And the median was 2.50% per year.
Nomura Real Estate Master Fund (OTCPK:NMMRF) 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).
Nomura Real Estate Master Fund PE Ratio (TTM) Related Terms
Nomura Real Estate Master Fund PE Ratio (TTM) Historical Data
* 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.
Nomura Real Estate Master Fund PE Ratio (TTM) Chart
For the REIT - Retail subindustry, Nomura Real Estate Master Fund'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.
Nomura Real Estate Master Fund PE Ratio (TTM) vs REITs Industry
For the REITs industry and Real Estate sector, Nomura Real Estate Master Fund's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Nomura Real Estate Master Fund's PE Ratio (TTM) falls into.
Nomura Real Estate Master Fund 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.
Nomura Real Estate Master Fund's Share Price of today is $1008.35.
For company reported semi-annually, Nomura Real Estate Master Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $42.03.
* 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.
Nomura Real Estate Master Fund (NMMRF) has a PE Ratio (TTM) of 23.99 as of Jun. 30, 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 Nomura Real Estate Master Fund and its competitors. This is 20% below median its historical median of 30.00. Over the past decade, Nomura Real Estate Master Fund's PE Ratio (TTM) has ranged from 15.17 to 39.78. According to the industry distribution chart, Nomura Real Estate Master Fund ranks #574 out of 749 companies in the REITs industry, placing it in the top 76.6%.
Is Nomura Real Estate Master Fund's PE Ratio (TTM) too high?
Nomura Real Estate Master Fund's current PE Ratio (TTM) of 23.99 is 20% below median its 10-year median of 30.00. Over the past 10 years, this metric has ranged from a low of 15.17 to a high of 39.78. The REITs industry median PE Ratio (TTM) is 12.99. Nomura Real Estate Master Fund's value of 23.99 is 84.7% above this industry median. Based on the distribution chart, Nomura Real Estate Master Fund ranks #574 out of 749 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Nomura Real Estate Master Fund has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Nomura Real Estate Master Fund's PE Ratio (TTM) compare to SPG and O?
According to the REITs industry distribution chart, Nomura Real Estate Master Fund ranks #574 out of 749 companies for PE Ratio (TTM). This places Nomura Real Estate Master Fund in the lower half of its industry. The industry median PE Ratio (TTM) is 12.99. Nomura Real Estate Master Fund's value of 23.99 is 84.7% above this benchmark. Historically, Nomura Real Estate Master Fund's own PE Ratio (TTM) has ranged from 15.17 to 39.78 over the past decade. While the company's 10-year median is 30.00 vs. the industry median of 12.99, Nomura Real Estate Master Fund 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 12.99, based on 749 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. Nomura Real Estate Master Fund's current PE Ratio (TTM) of 23.99 is 84.7% 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 Nomura Real Estate Master Fund and its competitors. For the REITs industry, the median PE Ratio (TTM) is 12.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Real Estate Master Fund's current PE Ratio (TTM) is 23.99, which is 20% below median its own 10-year median of 30.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Real Estate Master Fund stock overvalued right now?
Nomura Real Estate Master Fund (NMMRF) has a current PE Ratio (TTM) of 23.99. The stock's GF Value™ is $1,050.09, compared to a current price of $1,008.35 — trading 4% below its estimated fair value. The current PE Ratio (TTM) is 23.99, which is 20% below median its 10-year median of 30.00 and 84.7% above the REITs industry median of 12.99. Nomura Real Estate Master Fund's overall GF Score™ is 58/100 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 Nomura Real Estate Master Fund (NMMRF), the current PE Ratio (TTM) is 23.99 as of Jun. 30, 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 Nomura Real Estate Master Fund (NMMRF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Real Estate Master Fund stock appears to be undervalued.
The current stock price of $1,008.35 is trading 4% below its estimated GF Value™ of $1,050.09.
Key valuation signals for NMMRF:
PE Ratio (TTM): 23.99 (20% below median its 10-year median of 30.00)
GF Value™: $1,050.09 vs. price of $1,008.35 (4% below fair value)
Industry Position: 84.7% above the REITs median (#574 of 749)
No single metric tells the full story. See the NMMRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Real Estate Master Fund Business Description
Nomura Real Estate Master Fund Inc is a Japanese based company operates as a real estate investment trust. It is implementing medium- to long-term management Strategy, to achieve securing stable income over the medium to long term period, also ensures the steady growth of assets under management. The company invests in logistic facilities and commercial facilities in the Tokyo metropolitan area. It is managed by the fund manager Nomura Real Estate Asset Management Co Ltd.
58GF Score
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