Start with its own history
At 19.28×, TKURF is 10.9% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
19.28×
10.9% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 19.28 for every 1 of reported earnings per share.
Annual period-end data · 17 observations
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2026 | 17.05× | -14.8% |
| Jul 31, 2025 | 20.01× | +23.6% |
| Jul 31, 2024 | 16.19× | -1.9% |
| Jul 31, 2023 | 16.50× | -1.2% |
| Jul 31, 2022 | 16.71× | -36.2% |
| Jul 31, 2021 | 26.17× | +50.6% |
| Jul 31, 2020 | 17.38× | -47.0% |
| Jul 31, 2019 | 32.77× | +13.7% |
| Period end | P/E | Change |
|---|---|---|
| Jul 31, 2018 | 28.83× | +16.6% |
| Jul 31, 2017 | 24.72× | -4.3% |
| Jul 31, 2016 | 25.82× | -6.8% |
| Jul 31, 2015 | 27.69× | +0.9% |
| Jul 31, 2014 | 27.43× | +24.6% |
| Jul 31, 2013 | 22.02× | +43.8% |
| Jul 31, 2012 | 15.32× | -18.6% |
| Jul 31, 2011 | 18.81× | +262.5% |
| Jul 31, 2010 | 5.19× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
TKURF This stockTokyu REIT, Inc. | 19.28× |
3492.TMIRARTH Real Estate Investment Corporation | 13.69× |
3476.TMIRAI Corporation | 13.83× |
3309.TSekisui House Reit, Inc. | 13.28× |
3290.TOne REIT, Inc. | 14.63× |
8966.THeiwa Real Estate REIT, Inc. | 15.37× |
3470.TMarimo Regional Revitalization REIT, Inc. | 14.47× |
8955.TJapan Prime Realty Investment Corporation | 19.91× |
8960.TUnited Urban Investment Corporation | 17.75× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 19.28×, TKURF is 10.9% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 8 positive peer ratios above is 14.55×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("TKURF", "PE Ratio", "LQ")Share price 1,314 ÷ EPS 68.14 = 19.28×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Tokyu REIT, Inc.'s current P/E is 19.28× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.