GLP J-REIT
3281.T

$4.34 B
Marketcap
$881.32
Share price
Country
$-2.65
Change (1 day)
$951.66
Year High
$773.14
Year Low
Categories

GLP J-REIT is a real estate investment corporation (J-REIT) specializing in logistics facilities, and it primarily invests in modern logistics facilities. GLP J-REIT was founded in accordance with the Act on Investment Trusts and Investment Corporations (hereinafter the Investment Trust Act) with GLP Japan Advisors Inc. as the founder. It had its units listed on the Real Estate Investment Trust Market of the Tokyo Stock Exchange on December 21, 2012 (securities code: 3281). Having the GLP Group (Note) as the sponsor group and investing in highly functional modern logistics facilities while taking advantage of the wealth of experience and management resources, GLP J-REIT aims to earn stable income and achieve steady growth in assets under management over the medium and long term. Since starting its operation as a listed J-REIT with 30 properties (total acquisition price of 208,731 million yen) in January 2013, GLP J-REIT has been steadily expanding its assets through the continuous acquisition of properties. As of the end of the current fiscal period, GLP J-REIT owns 78 properties (total acquisition price of 644,878 million yen).

marketcap

P/E ratio for GLP J-REIT (3281.T)

P/E ratio as of 2023: 20.75

According to GLP J-REIT's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.75. At the end of 2022 the company had a P/E ratio of 30.89.

P/E ratio history for GLP J-REIT from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 20.75
2022 30.89
2021 39.55
2020 36.46
2019 26.88
2018 24.28
2017 27.58
2016 31.38
2015 29.06
2014 34.50
2013 25.49