Granite Real Estate Investment Trust

Granite Real Estate Investment Trustverified

GRT-UN.TO

Price:

$81.82

Market Cap:

$5.13B

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 108 investment properties representing approximately 45.3 million square feet of leasable area.[Read more]

Industry

REIT - Industrial

IPO Date

2004-12-01

Stock Exchange

TSX

Ticker

GRT-UN.TO

The PE Ratio as of September 2024 (TTM) for Granite Real Estate Investment Trust (GRT-UN.TO) is 22.54

According to Granite Real Estate Investment Trust’s latest financial reports and current stock price. The company's current PE Ratio is 22.54. This represents a change of -10.73% compared to the average of 25.25 of the last 4 quarters.

Granite Real Estate Investment Trust (GRT-UN.TO) Historical PE Ratio (quarterly & annually)

How has GRT-UN.TO PE Ratio performed in the past?

The mean historical PE Ratio of Granite Real Estate Investment Trust over the last ten years is 14.45. The current 22.54 PE Ratio has changed 15.50% with respect to the historical average. Over the past ten years (40 quarters), GRT-UN.TO's PE Ratio was at its highest in in the March 2023 quarter at 136.67. The PE Ratio was at its lowest in in the September 2022 quarter at -11.67.

Quarterly (TTM)
Annual

Average

14.45

Median

8.85

Minimum

5.15

Maximum

35.56

Granite Real Estate Investment Trust (GRT-UN.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Granite Real Estate Investment Trust 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 = 461.50%

Maximum Annual PE Ratio = 35.56

Minimum Annual Increase = -66.58%

Minimum Annual PE Ratio = 5.15

Quarterly (TTM)
Annual
YearPE RatioChange
202335.5622.96%
202228.91461.50%
20215.15-49.80%
202010.2621.24%
20198.4661.91%
20185.23-19.76%
20176.51-13.88%
20167.56-18.07%
20159.23-66.58%
201427.62120.71%

Granite Real Estate Investment Trust (GRT-UN.TO) Average PE Ratio

How has GRT-UN.TO PE Ratio performed in the past?

The current PE Ratio of Granite Real Estate Investment Trust (GRT-UN.TO) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

23.21

5-year avg

17.67

10-year avg

14.45

Granite Real Estate Investment Trust (GRT-UN.TO) PE Ratio vs. Peers

How is GRT-UN.TO’s PE Ratio compared to its peers?

Granite Real Estate Investment Trust’s PE Ratio is greater than Canadian Apartment Properties Real Estate Investment Trust (-170.37), less than Dream Industrial Real Estate Investment Trust (23.53), greater than Allied Properties Real Estate Investment Trust (-5.11), greater than Killam Apartment REIT (8.37), greater than InterRent Real Estate Investment Trust (-1116.29),

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