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Top 5 Companies in the Industrial REITs Industry With the Highest Forward P/E Ratio (TRNO, DRE, EGP, FR, PLD)

By Amy Schwartz

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 76.18. Following is Duke Realty Corp with a a forward P/E ratio of 66.76. Eastgroup Prop ranks third highest with a a forward P/E ratio of 51.34.

First Ind Realty follows with a a forward P/E ratio of 46.21, and Prologis Inc rounds out the top five with a a forward P/E ratio of 42.05.

SmarTrend recommended that subscribers consider buying shares of Prologis Inc on January 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $60.85. Since that recommendation, shares of Prologis Inc have risen 19.0%. We continue to monitor Prologis Inc 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