2989.T
Price:
$113200
Market Cap:
$35.87B
Tokaido Reit, Inc. invests in industrial real estate properties. The company was founded in 2021 and is headquartered in Tokyo, Japan.
Industry
REIT - Diversified
IPO Date
2021-06-22
Stock Exchange
JPX
Ticker
2989.T
According to Tokaido REIT, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 16.85. This represents a change of 91.85% compared to the average of 8.78 of the last 4 quarters.
The mean historical PE Ratio of Tokaido REIT, Inc. over the last ten years is 11.95. The current 16.85 PE Ratio has changed 14.00% with respect to the historical average. Over the past ten years (40 quarters), 2989.T's PE Ratio was at its highest in in the July 2022 quarter at 9.80. The PE Ratio was at its lowest in in the July 2021 quarter at -6.41.
Average
11.95
Median
14.52
Minimum
0
Maximum
18.76
Discovering the peaks and valleys of Tokaido REIT, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = Infinity%
Maximum Annual PE Ratio = 18.76
Minimum Annual Increase = 0%
Minimum Annual PE Ratio = 0
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 18.76 | 2.12% |
| 2023 | 18.37 | 72.38% |
| 2022 | 10.66 | Infinity% |
The current PE Ratio of Tokaido REIT, Inc. (2989.T) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
15.93
5-year avg
11.95
10-year avg
11.95
Tokaido REIT, Inc.’s PE Ratio is greater than Marimo Regional Revitalization REIT, Inc. (16.45), greater than CENTRAL REIT Investment Corporation (16.34), less than Daisue Construction Co., Ltd. (17.49), greater than Good Com Asset Co., Ltd. (15.24), greater than Star Mica Holdings Co., Ltd. (10.86), greater than Escon Japan REIT Investment Corporation (11.65), greater than B-Lot Company Limited (6.24), greater than Komehyo Holdings Co.,Ltd. (8.04), less than Tosei Reit Investment Corporation (18.88), greater than Ichigo Hotel REIT Investment Corporation (9.56),
| Company | PE Ratio | Market cap |
|---|---|---|
| 16.45 | $31.19B | |
| 16.34 | $28.78B | |
| 17.49 | $38.09B | |
| 15.24 | $33.90B | |
| 10.86 | $42.52B | |
| 11.65 | $45.05B | |
| 6.24 | $28.97B | |
| 8.04 | $29.89B | |
| 18.88 | $54.40B | |
| 9.56 | $41.23B |
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