KREF
KKR Real Estate Finance Trust
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: KREF
- PE Ratio
The current PE ratio of KREF cannot be calculated, as the latest EPS of -$1.86 is negative. KKR Real Estate Finance Trust's last PE ratio on record was 67.5 in March 2025.
KREF PE ratio history
The mean historical PE ratio of KKR Real Estate Finance Trust over the last ten years is 20.89. Looking back at the last ten years, KREF's PE ratio peaked in the Mar 2025 quarter at 67.5, with a price of $10.8 and an EPS of $0.16. The Mar 2021 quarter marked the lowest point at 8.67, with a price of $18.39 and an EPS of $2.12.
KKR Real Estate Finance Trust PE ratio by year
Maximum annual increase: 547.12% in 2022
Maximum annual decrease: -49.76% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | N/A | N/A | $8.22 | -$1.05 |
| 2024 | 53.16 | N/A | $10.1 | $0.19 |
| 2023 | N/A | N/A | $13.23 | -$0.78 |
| 2022 | 60.7 | 547.12% | $13.96 | $0.23 |
| 2021 | 9.38 | -49.76% | $20.83 | $2.22 |
| 2020 | 18.67 | 44.5% | $17.92 | $0.96 |
| 2019 | 12.92 | 6.6% | $20.42 | $1.58 |
| 2018 | 12.12 | -21.25% | $19.15 | $1.58 |
| 2017 | 15.39 | N/A | $20.01 | $1.3 |
| 2016 | N/A | N/A | N/A | $1.61 |
| 2015 | N/A | N/A | N/A | $1.95 |
KKR Real Estate Finance Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | N/A | N/A | $6.12 | -$1.86 |
| Dec 2025 | N/A | N/A | $8.22 | -$1.05 |
| Sep 2025 | N/A | N/A | $9 | -$0.35 |
| Jun 2025 | N/A | N/A | $8.77 | -$0.66 |
| Mar 2025 | 67.5 | 26.98% | $10.8 | $0.16 |
| Dec 2024 | 53.16 | N/A | $10.1 | $0.19 |
| Sep 2024 | N/A | N/A | $12.35 | -$0.3 |
| Jun 2024 | 45.25 | N/A | $9.05 | $0.2 |
| Mar 2024 | N/A | N/A | $10.06 | -$0.46 |
| Dec 2023 | N/A | N/A | $13.23 | -$0.78 |
| Sep 2023 | N/A | N/A | $11.87 | -$0.29 |
| Jun 2023 | N/A | N/A | $12.17 | -$1.3 |
| Mar 2023 | N/A | N/A | $11.39 | -$0.65 |
| Dec 2022 | 60.7 | 139.07% | $13.96 | $0.23 |
| Sep 2022 | 25.39 | 177.79% | $16.25 | $0.64 |
KREF Price vs fair value
KREF average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
PE comparison
KREF PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| OCSL Oaktree Specialty Lending Corp | 21.4 | $1.07B |
| OFS OFS Capital Corp | N/A | $48.37M |
| KREF KKR Real Estate Finance Trust Inc | N/A | $452.03M |
Frequently asked questions
What is KKR Real Estate Finance Trust's PE ratio?
The current price to earnings ratio of KREF cannot be determined, as its EPS of -$1.86 is negative.
What is the 5-year average PE ratio for KKR Real Estate Finance Trust (KREF)?
As an average over the last 5 years, KREF stock has a PE ratio of 32.21.
What is the highest PE ratio for KREF?
Over the last ten years, the Mar 2025 quarter recorded the highest quarterly PE ratio at 67.5.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.