Dexus (ASX:DXS) Price-to-Funds-From-Operations: 12.59 (As of Aug. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:DXS Dexus ASX:DXS
69 GF Score
Price A$5.78
GF Value A$5.55
Valuation Fairly Valued
! 7 Warning Signs
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What is Dexus Price-to-Funds-From-Operations?

Dexus ASX:DXS -0.34% 69 Price-to-Funds-From-Operations is 12.59 as of Aug. 31, 2026. GuruFocus rates ASX:DXS with a GF Score™ of 69/100 and a GF Value™ of A$5.55 (Fairly Valued). The stock has 7 warning signs investors should review.

As of today (2026-08-31), Dexus's share price is A$5.78. Dexus's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.46. Hence, Dexus's Price-to-Funds-From-Operations Ratio for today is 12.59.


Dexus  (ASX:DXS) Price-to-Funds-From-Operations Explanation

For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.


Dexus Price-to-Funds-From-Operations Related Terms


Dexus Price-to-Funds-From-Operations Historical Data

* Premium members only.

The historical data trend for Dexus's Price-to-Funds-From-Operations 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.

Dexus Price-to-Funds-From-Operations Chart

Dexus Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Price-to-Funds-From-Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 0.00 0.00 46.18 12.00

Dexus Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Price-to-Funds-From-Operations 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 0.00 277.50 25.19 10.28 22.13

ASX:DXS vs BXP, ARE, VNO: Price-to-Funds-From-Operations Comparison

For the REIT - Office subindustry, Dexus's Price-to-Funds-From-Operations, along with its competitors' market caps and Price-to-Funds-From-Operations 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.


Dexus Price-to-Funds-From-Operations vs REITs Industry

For the REITs industry and Real Estate sector, Dexus's Price-to-Funds-From-Operations distribution charts can be found below:

* The bar in red indicates where Dexus's Price-to-Funds-From-Operations falls into.


ASX:DXS
69GF Score
Dexus ASX:DXS
Price-to-Funds-From-Operations is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexus Price-to-Funds-From-Operations Calculation

Dexus's Price-to-Funds-From-Operations ratio for today is calculated as

Price-to-Funds-From-Operations Ratio=Share Price/ FFO per Share (TTM)
=5.78/0.459
=12.59

Dexus's Share Price of today is A$5.78.
Dexus's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.46.

* 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.

What does a Price-to-Funds-From-Operations of 12.59 mean?
Dexus (ASX:DXS) has a Price-to-Funds-From-Operations of 12.59 as of Aug. 31, 2026.
Is Dexus' Price-to-Funds-From-Operations too high?
Dexus' current Price-to-Funds-From-Operations is 12.59. Overall, Dexus has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dexus' Price-to-Funds-From-Operations compare to BXP and ARE?
Dexus' Price-to-Funds-From-Operations of 12.59 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Funds-From-Operations for a REITs company?
A good Price-to-Funds-From-Operations depends on the REITs industry context. However, Price-to-Funds-From-Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Funds-From-Operations mean?
A high Price-to-Funds-From-Operations can signal that a stock is expensive relative to its fundamentals. Dexus's current Price-to-Funds-From-Operations is 12.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexus stock overvalued right now?
Based on GuruFocus' analysis, Dexus (ASX:DXS) is currently considered Fairly Valued. The stock's GF Value™ is A$5.55, compared to a current price of A$5.78 — trading 4.1% above its estimated fair value. The current Price-to-Funds-From-Operations is 12.59. Dexus' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Funds-From-Operations calculated?
Price-to-Funds-From-Operations is calculated from a company's financial statements. For Dexus (ASX:DXS), the current Price-to-Funds-From-Operations is 12.59 as of Aug. 31, 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 Dexus (ASX:DXS) Overvalued in 2026?

Based on GuruFocus' analysis, Dexus stock appears to be overvalued. The current stock price of A$5.78 is trading 4.1% above its estimated GF Value™ of A$5.55. GuruFocus considers Dexus to be Fairly Valued.

Key valuation signals for ASX:DXS:

  • Price-to-Funds-From-Operations: 12.59
  • GF Value™: A$5.55 vs. price of A$5.78 (4.1% above fair value)
  • GF Score™: 69/100 with 7 warning signs

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


Dexus Business Description

Industry Real EstateREITs
Other Exchanges DEXSF:USA
Address Level 30, 50 Bridge Street, Sydney, NSW, AUS, 2000
Dexus has ownership interest in, manages, and develops a portfolio of office and industrial assets, about half located in Sydney. The office portfolio contributes nearly two-thirds of group earnings, and industrial assets account for about 15%. Dexus also manages third-party assets and has a funds management platform with AUD 36 billion in funds under management as of Dec. 31, 2025, spanning office, industrial, retail, healthcare, infrastructure, and their adjacent sectors. The REIT has stakes in many of the pooled funds, earning distribution income. Management is internalized, in contrast to some of its peers.
69GF Score

Get the complete analysis for ASX:DXS

Price-to-Funds-From-Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.78
Price
A$5.55
GF Value