Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 37.34 as of Sunday, July 26, 2026.
Forward PE Ratio (37.34) = Close Price ($72.68) / Consensus Forward EPS ($1.95)
FORWARD PE RATIO
37.34
SECTOR MEDIAN · REAL ESTATE
35.81
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+4.26%
vs the sector median at left
Terreno Realty Corporation
Market Cap
$7.73B
Forward PE Ratio
37.34
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Terreno Realty Corporation (TRNO) | $7.73B | 37.34 |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.88B | 23.70 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.88B | 27.95 |
| NNN REIT, Inc. (NNN)vs › | $9.39B | 24.38 |
| CubeSmart (CUBE)vs › | $9.55B | 28.69 |
| Agree Realty Corporation (ADC)vs › | $9.68B | 41.57 |
| Federal Realty Investment Trust (FRT)vs › | $10.89B | 31.47 |
| BXP, Inc. (BXP)vs › | $11.02B | 33.31 |
| CoStar Group, Inc. (CSGP)vs › | $11.30B | N/A |
| Camden Property Trust (CPT)vs › | $11.43B | 101.32 |
Trailing P/E
17.8
reported TTM EPS
Forward P/E
37.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.95 implies -52.2% EPS decline vs the reported trailing $4.08.
At today's $72.68 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.95 | $1.91 – $2.00 | 3 | 37.3x |
| 2027-12-31 | $1.81 | $1.75 – $1.90 | 3 | 40.1x |
| 2028-12-31 | $1.90 | $1.78 – $2.06 | 1 | 38.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
