O

[EricL]

(07-14-2015, 11:40 AM)notexactly Wrote: So due to this difference, the P/E ratio is inflated?
If this is so, how do we evaluate a company like O? When do we know it's overvalued?

The P/E ratio you show is likely correct, it just isn't very relevant for REITs.

Here is an article I wrote last week about the REIT sector. At the time (O) was trading at about 17 times expected 2015 FFO, which I consider about a 6% premium to its "normal" FFO of 16.