Granite Real Estate Investment Trust
Granite Real Estate Investment Trust (GRP-UN) PE Ratio — Current & Historical Data
Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.
grp-un · pe ratio · data through Dec 31, 2024
Core PE Ratio Metrics
Trailing 12 months · TTMThe price-to-earnings (P/E) ratio for Granite Real Estate Investment Trust (GRP-UN) measures how much investors pay for each dollar of the company's trailing earnings. GRP-UN's current PE ratio of 14.94x is calculated by dividing its stock price of $59.19 by its TTM earnings per share of $6.43. −18.8% discount vs 5Y avg 18.4x
Source: FMP · /ratios-ttm · /analyst-estimates · 2024-12-31
PE Ratio History
2005 – 2024 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 17 fiscal years · Front-end computedMinQ1 · 25%12.2x
MedianQ3 · 75%253.3x
Max
At 14.94x, GRP-UN's current P/E is within its average historical range over the past 17 fiscal years.
Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.
PE Ratio vs Peers
REIT - Industrial · 6 peers · Annual PE| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Granite Real Estate Investment TrustYou GRP-UN | $3.6B | 14.94x | -27.8% | $6.43 |
 American Homes 4 Rent AMH-PG | $13.2B | 26.26x | +27.0% | $1.22 |
 Innovative Industrial Properties, Inc. IIPR-PA | $48M | 11.59x | -43.9% | $4.09 |
 LXP Industrial Trust LXP | $3.0B | 25.58x | +23.7% | $1.94 |
 LXP Industrial Trust LXP-PC | $2.7B | 25.58x | +23.7% | $1.94 |
 National Storage Affiliates Trust NSA-PA | $2.3B | 29.30x | +41.7% | $0.96 |
 Plymouth Industrial REIT, Inc. PLYM | $979M | 5.75x | -72.2% | $3.10 |
Industry Average 6 peers with valid PE | — | 20.68x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE vs Max |
|---|---|---|---|---|
2024-12-31Latest FY2024 | 12.20x | $5.72 | -65.6% | |
2023-12-31 FY2023 | 35.42x | $2.16 | +22.6% | |
2022-12-31 FY2022 | 28.90x | $2.39 | +461.7% | |
2021-12-31 FY2021 | 5.15x | $20.47 | -49.9% | |
2020-12-31 FY2020 | 10.27x | $7.59 | +21.8% | |
2019-12-31 FY2019 | 8.43x | $7.80 | +61.8% | |
2018-12-31 FY2018 | 5.21x | $10.18 | -20.3% | |
2017-12-31 FY2017 | 6.54x | $7.63 | -13.7% | |
2016-12-31 FY2016 | 7.58x | $5.93 | -18.0% | |
2015-12-31 FY2015 | 9.25x | $4.11 | -66.5% |
▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API
About PE Ratio & Methodology
The price-to-earnings (P/E) ratio for Granite Real Estate Investment Trust (GRP-UN) measures how much investors pay for each dollar of the company's trailing earnings. GRP-UN's current PE ratio of 14.94x is calculated by dividing its stock price of $59.19 by its TTM earnings per share of $6.43.
Frequently asked questions
GRP-UN pe ratio · 6 questionsGRP-UN's current PE ratio is 14.94x as of 2026-06-08, based on a stock price of $59.19 and TTM EPS of $6.43. Data sourced from Financial Modeling Prep via GRP-UN's SEC 10-K and 10-Q filings.
▸ Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Granite Real Estate Investment Trust SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08