NNN REIT (STU:CZ2) PE Ratio (TTM): 23.15 (As of Jul. 07, 2026) — 12% Below Median


STU:CZ2 NNN REIT Inc STU:CZ2
77 GF Score
Price €40.99
GF Value €39.17
Valuation Fairly Valued
! 9 Warning Signs
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What is NNN REIT PE Ratio (TTM)?

NNN REIT STU:CZ2 -1.04% 77 PE Ratio (TTM) is 23.15 as of Jul. 07, 2026, which is 12% below its 10-year median of 26.23. GuruFocus rates STU:CZ2 with a GF Score™ of 77/100 and a GF Value™ of €39.17 (Fairly Valued). The stock has 9 warning signs investors should review. Among 746 REITs companies, NNN REIT ranks worse than 74.66% 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 (2026-07-07), NNN REIT's share price is €40.99. NNN REIT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.77. Therefore, NNN REIT's PE Ratio (TTM) for today is 23.15.

Warning Sign:

NNN REIT Inc stock PE Ratio (=22.8) is close to 3-year high of 23.07.


The historical rank and industry rank for NNN REIT's PE Ratio (TTM) or its related term are showing as below:

STU:CZ2' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 16.28   Med: 26.23   Max: 42.53
Current: 22.8


During the past 13 years, the highest PE Ratio (TTM) of NNN REIT was 42.53. The lowest was 16.28. And the median was 26.23.


STU:CZ2's PE Ratio (TTM) is ranked worse than
74.66% of 746 companies
in the REITs industry
Industry Median: 13.275 vs STU:CZ2: 22.80

NNN REIT's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €0.43. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.77.

As of today (2026-07-07), NNN REIT's share price is €40.99. NNN REIT's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €1.70. Therefore, NNN REIT's PE Ratio without NRI for today is 24.17.

During the past 13 years, NNN REIT's highest PE Ratio without NRI was 43.83. The lowest was 17.19. And the median was 27.49.

NNN REIT's EPS without NRI for the three months ended in Mar. 2026 was €0.43. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €1.70.

During the past 12 months, NNN REIT's average EPS without NRI Growth Rate was -1.00% per year. During the past 3 years, the average EPS without NRI Growth Rate was 2.40% per year. During the past 5 years, the average EPS without NRI Growth Rate was 7.50% per year. During the past 10 years, the average EPS without NRI Growth Rate was 5.30% per year.

During the past 13 years, NNN REIT's highest 3-Year average EPS without NRI Growth Rate was 38.10% per year. The lowest was -27.20% per year. And the median was 2.60% per year.

NNN REIT's EPS (Basic) for the three months ended in Mar. 2026 was €0.43. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.77.


NNN REIT  (STU:CZ2) 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).


NNN REIT PE Ratio (TTM) Related Terms


NNN REIT PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for NNN 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.

NNN REIT PE Ratio (TTM) Chart

NNN REIT 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 31.83 24.21 19.95 19.00 19.14

NNN REIT 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 19.93 20.56 20.47 19.14 20.40

STU:CZ2 vs ADC, BRX, MAC: PE Ratio (TTM) Comparison

For the REIT - Retail subindustry, NNN 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.


NNN REIT PE Ratio (TTM) vs REITs Industry

For the REITs industry and Real Estate sector, NNN REIT's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where NNN REIT's PE Ratio (TTM) falls into.


STU:CZ2
77GF Score
NNN REIT Inc STU:CZ2
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NNN REIT 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.

NNN REIT's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=40.99/1.771
=23.15

NNN REIT's Share Price of today is €40.99.
NNN REIT'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 €1.77.

* 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 23.15 mean?
NNN REIT (STU:CZ2) has a PE Ratio (TTM) of 23.15 as of Jul. 07, 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 NNN REIT and its competitors. This is 12% below median its historical median of 26.23. Over the past decade, NNN REIT's PE Ratio (TTM) has ranged from 16.28 to 42.53. According to the industry distribution chart, NNN REIT ranks #557 out of 746 companies in the REITs industry, placing it in the top 74.7%.
Is NNN REIT's PE Ratio (TTM) too high?
NNN REIT's current PE Ratio (TTM) of 23.15 is 12% below median its 10-year median of 26.23. Over the past 10 years, this metric has ranged from a low of 16.28 to a high of 42.53. The REITs industry median PE Ratio (TTM) is 13.28. NNN REIT's value of 23.15 is 74.4% above this industry median. Based on the distribution chart, NNN REIT ranks #557 out of 746 companies in the REITs industry, which is below the industry midpoint. Overall, NNN REIT has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NNN REIT's PE Ratio (TTM) compare to ADC and BRX?
According to the REITs industry distribution chart, NNN REIT ranks #557 out of 746 companies for PE Ratio (TTM). This places NNN REIT in the lower half of its industry. The industry median PE Ratio (TTM) is 13.28. NNN REIT's value of 23.15 is 74.4% above this benchmark. Historically, NNN REIT's own PE Ratio (TTM) has ranged from 16.28 to 42.53 over the past decade. While the company's 10-year median is 26.23 vs. the industry median of 13.28, NNN 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 13.28, 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. NNN REIT's current PE Ratio (TTM) of 23.15 is 74.4% 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 NNN REIT and its competitors. For the REITs industry, the median PE Ratio (TTM) is 13.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NNN REIT's current PE Ratio (TTM) is 23.15, which is 12% below median its own 10-year median of 26.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNN REIT stock overvalued right now?
Based on GuruFocus' analysis, NNN REIT (STU:CZ2) is currently considered Fairly Valued. The stock's GF Value™ is €39.17, compared to a current price of €40.99 — trading 4.6% above its estimated fair value. The current PE Ratio (TTM) is 23.15, which is 12% below median its 10-year median of 26.23 and 74.4% above the REITs industry median of 13.28. NNN REIT's overall GF Score™ is 77/100 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 NNN REIT (STU:CZ2), the current PE Ratio (TTM) is 23.15 as of Jul. 07, 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 NNN REIT (STU:CZ2) Overvalued in 2026?

Based on GuruFocus' analysis, NNN REIT stock appears to be overvalued. The current stock price of €40.99 is trading 4.6% above its estimated GF Value™ of €39.17. GuruFocus considers NNN REIT to be Fairly Valued.

Key valuation signals for STU:CZ2:

  • PE Ratio (TTM): 23.15 (12% below median its 10-year median of 26.23)
  • GF Value™: €39.17 vs. price of €40.99 (4.6% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 74.4% above the REITs median (#557 of 746)

No single metric tells the full story. See the STU:CZ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NNN REIT Business Description

Industry Real EstateREITs
Address 450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that acquires, owns, invests in, and develops high-quality properties mainly leased under long-term net leases with minimal capital expenditure requirements. The company focuses mainly on retail properties, with a portfolio including convenience stores, automotive service properties, restaurants, theatres, entertainment venues, dealerships, and other retail-related assets. Primary business objectives emphasize retail properties, and it may invest in a wide variety of property and tenant types, leases, mortgages, loans secured by personal property, loans secured by partnership or membership interests, and securities of other REITs or other issuers.
77GF Score

Get the complete analysis for STU:CZ2

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

€40.99
Price
€39.17
GF Value