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GMRE (Global Medical REIT) Price-to-Funds-From-Operations : 9.78 (As of Dec. 14, 2024)


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What is Global Medical REIT Price-to-Funds-From-Operations?

As of today (2024-12-14), Global Medical REIT's share price is $8.46. Global Medical REIT's FFO per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $0.87. Hence, Global Medical REIT's Price-to-Funds-From-Operations Ratio for today is 9.78.


Global Medical REIT Price-to-Funds-From-Operations Historical Data

The historical data trend for Global Medical REIT'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.

* Premium members only.

Global Medical REIT Price-to-Funds-From-Operations Chart

Global Medical REIT Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Funds-From-Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.49 20.80 18.55 9.66 12.50

Global Medical REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.67 13.41 9.55 10.37 11.80

Competitive Comparison of Global Medical REIT's Price-to-Funds-From-Operations

For the REIT - Healthcare Facilities subindustry, Global Medical REIT'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.


Global Medical REIT's Price-to-Funds-From-Operations Distribution in the REITs Industry

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

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



Global Medical REIT Price-to-Funds-From-Operations Calculation

Global Medical REIT's Price-to-Funds-From-Operations ratio for today is calculated as

Price-to-Funds-From-Operations Ratio=Share Price/ FFO per Share (TTM)
=8.46/0.865
=9.78

Global Medical REIT's Share Price of today is $8.46.
Global Medical REIT's FFO per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.87.

* 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.


Global Medical REIT  (NYSE:GMRE) 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.


Global Medical REIT Price-to-Funds-From-Operations Related Terms

Thank you for viewing the detailed overview of Global Medical REIT's Price-to-Funds-From-Operations provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Medical REIT Business Description

Industry
Traded in Other Exchanges
Address
7373 Wisconsin Avenue, Suite 800, Bethesda, MD, USA, 20814
Global Medical REIT Inc is a Maryland corporation engaged predominantly in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to physician groups and regional and national healthcare systems. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases.
Executives
Moore Roscoe M Jr director C/O HEMOBIOTECH, INC., 5001 SPRING VALLEY ROAD, SUITE 1040 WEST, DALLAS TX 75244
Henry Cole director 4800 MONTGOMERY LANE SUITE 450, BETHESDA MD 20814
Jeffrey Busch director, officer: Chairman, President and CEO 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Lori Wittman director 191 NORTH WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
Matthew Cypher director 4800 MONTGOMERY LANE SUITE 450, BETHESDA MD 20814
Paula Crowley director 2 BETHESDA METRO CENTER, SUITE 440, BETHESDA MD 20814
Ronald Marston director 4800 MONTGOMERY LANE SUITE 450, BETHESDA MD 20814
Robert J Kiernan officer: Chief Financial Officer 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Alfonzo Leon officer: Chief Investment Officer 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Danica Holley officer: Chief Operating Officer 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Jamie Allen Barber officer: Secretary and General Counsel 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Allen Webb officer: SVP 4800 MONTGOMERY LANE SUITE 450, BETHESDA MD 20814
Huiqi Zhang director, 10 percent owner 40-44 WYNDHAM STREET, 24/F WYNDHAM PLACE, HONG KONG K3 00000
Notable Reward Ltd 10 percent owner VISTRA CORPORATE SERVICES CENTRE, WICKHAMS CAY II, ROAD TOWN TORTOLA D8 VG1110
Superior Glory Enterprises Ltd. 10 percent owner VISTRA CORPORATE SERVICES CENTRE, WICKHAMS CAY II, ROAD TOWN TORTOLA D8 VG1110