KREF (KKR Real Estate Finance Trust) Shiller PE Ratio: (As of Jul. 23, 2026)

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KREF KKR Real Estate Finance Trust Inc KREF
50 GF Score
Price $7.22
GF Value $7.04
Valuation Fairly Valued
! 3 Warning Signs
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What is KKR Real Estate Finance Trust Shiller PE Ratio?

Note: If the price history is too short, we do not calculate current Shiller PE for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


KKR Real Estate Finance Trust  (NYSE:KREF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


KKR Real Estate Finance Trust Shiller PE Ratio Related Terms


KKR Real Estate Finance Trust Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for KKR Real Estate Finance Trust's Shiller PE Ratio 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.

KKR Real Estate Finance Trust Shiller PE Ratio Chart

KKR Real Estate Finance Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 9.37

KKR Real Estate Finance Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 9.45 9.37 7.69 0.00

KREF vs CMTG, RWT, RC: Shiller PE Ratio Comparison

For the REIT - Mortgage subindustry, KKR Real Estate Finance Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


KKR Real Estate Finance Trust Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, KKR Real Estate Finance Trust's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where KKR Real Estate Finance Trust's Shiller PE Ratio falls into.


KREF
50GF Score
KKR Real Estate Finance Trust Inc KREF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KKR Real Estate Finance Trust Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

KKR Real Estate Finance Trust's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, KKR Real Estate Finance Trust's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-1.95/333.9520*333.9520
=-1.950

Current CPI (Jun. 2026) = 333.9520.

KKR Real Estate Finance Trust Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.192 241.428 0.266
201612 0.219 241.432 0.303
201703 0.200 243.801 0.274
201706 0.300 244.955 0.409
201709 0.320 246.819 0.433
201712 0.320 246.524 0.433
201803 0.440 249.554 0.589
201806 0.440 251.989 0.583
201809 0.370 252.439 0.489
201812 0.340 251.233 0.452
201903 0.430 254.202 0.565
201906 0.300 256.143 0.391
201909 0.410 256.759 0.533
201912 0.430 256.974 0.559
202003 -0.610 258.115 -0.789
202006 0.520 257.797 0.674
202009 0.560 260.280 0.719
202012 0.520 260.474 0.667
202103 0.520 264.877 0.656
202106 0.520 271.696 0.639
202109 0.570 274.310 0.694
202112 0.590 278.802 0.707
202203 0.460 287.504 0.534
202206 0.280 296.311 0.316
202209 -0.700 296.808 -0.788
202212 0.210 296.797 0.236
202303 -0.450 301.836 -0.498
202306 -0.370 305.109 -0.405
202309 0.310 307.789 0.336
202312 -0.270 306.746 -0.294
202403 -0.130 312.332 -0.139
202406 0.290 314.175 0.308
202409 -0.190 315.301 -0.201
202412 0.210 315.605 0.222
202503 -0.150 319.799 -0.157
202506 -0.530 322.561 -0.549
202509 0.120 324.800 0.123
202512 -0.490 324.054 -0.505
202603 -0.960 330.213 -0.971
202606 -1.950 333.952 -1.950

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is KKR Real Estate Finance Trust (KREF) Overvalued in 2026?

Based on GuruFocus' analysis, KKR Real Estate Finance Trust stock appears to be overvalued. The current stock price of $7.22 is trading 2.5% above its estimated GF Value™ of $7.04. GuruFocus considers KKR Real Estate Finance Trust to be Fairly Valued.

Key valuation signals for KREF:

  • Shiller PE Ratio:
  • GF Value™: $7.04 vs. price of $7.22 (2.5% above fair value)
  • GF Score™: 50/100 with 3 warning signs

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


KKR Real Estate Finance Trust Business Description

Industry Real EstateREITs
Other Exchanges KREFpA.PFD:USA8KR:Germany
Address 30 Hudson Yards, Suite 7500, New York, NY, USA, 10001
KKR Real Estate Finance Trust Inc is a real estate finance company that focuses on originating and acquiring senior mortgage loans secured by CRE assets. The investment is to originate or acquire senior mortgage loans collateralized by institutional-quality CRE assets that are owned and operated by experienced and well-capitalized sponsors and located in liquid markets with underlying fundamentals. KKR manages investments across multiple asset classes, including private equity, real estates, energy, infrastructure, credit, and hedge funds. The company's investment objective is capital preservation and generating attractive risk-adjusted returns for its stockholders over the long term, through dividends.
50GF Score

Get the complete analysis for KREF

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

$7.22
Price
$7.04
GF Value