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Shares of Terreno Realty C Rank the Highest in Terms of Forward P/E Ratio in the Industrial REITs Industry (TRNO, DRE, EGP, FR, PLD)

By Shiri Gupta

Below are the three companies in the Industrial REITs industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Terreno Realty C ranks highest with a a forward P/E ratio of 90.94. Following is Duke Realty Corp with a a forward P/E ratio of 70.85. Eastgroup Prop ranks third highest with a a forward P/E ratio of 56.87.

First Ind Realty follows with a a forward P/E ratio of 49.92, and Prologis Inc rounds out the top five with a a forward P/E ratio of 47.05.

SmarTrend recommended that subscribers consider buying shares of First Ind Realty on June 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $36.47. Since that recommendation, shares of First Ind Realty have risen 5.5%. We continue to monitor First Ind Realty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio terreno realty c duke realty corp eastgroup prop first ind realty prologis inc

Ticker(s): TRNO DRE EGP FR PLD