PMREF Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,492	1,346	1,076	1,014	1,061	-
Market Cap Growth	45.97%	25.16%	6.13%	-4.48%	-	-
Enterprise Value	3,281	3,120	2,314	1,993	1,760	-
Last Close Price	12.74	11.03	10.11	8.95	9.65	-
Price/FFO Ratio	-	-	5.98	5.64	6.11	-
Price/AFFO Ratio	-	-	8.74	7.93	7.87	-
PE Ratio	11.17	10.08	19.48	13.09	-	-
PS Ratio	3.15	2.85	3.08	3.26	3.78	-
PB Ratio	0.81	0.73	0.72	0.64	0.69	-
P/OCF Ratio	9.06	8.18	9.20	8.03	9.19	-
EV/Sales Ratio	6.88	6.60	6.63	6.41	6.27	-
EV/EBITDA Ratio	13.62	13.07	13.20	12.94	12.89	-
EV/EBIT Ratio	13.67	13.12	13.27	13.03	12.97	-
Debt / Equity Ratio	1.02	1.02	0.91	0.80	0.49	0.43
Debt / EBITDA Ratio	7.87	7.87	7.77	8.23	5.49	7.26
Net Debt / Equity Ratio	1.00	1.00	0.90	0.78	0.48	0.42
Net Debt / EBITDA Ratio	7.76	7.76	7.71	8.01	5.46	7.21
Asset Turnover	0.14	0.14	0.12	0.12	0.12	0.09
Quick Ratio	0.20	0.20	0.06	0.19	0.29	0.04
Current Ratio	1.18	1.18	0.65	0.71	0.98	0.05
Return on Equity (ROE)	7.80%	7.80%	3.73%	4.88%	-0.56%	21.36%
Return on Assets (ROA)	4.27%	4.27%	3.84%	3.55%	3.56%	2.97%
Earnings Yield	8.96%	9.92%	5.13%	7.64%	-0.84%	-
Dividend Yield	4.88%	-	5.79%	6.95%	6.14%	-
Payout Ratio	49.84%	49.84%	102.29%	77.50%	-	0.08%
Buyback Yield / Dilution	-	-	-8.61%	0.33%	1.52%	-
Total Shareholder Return	4.88%	-	-2.82%	7.29%	7.66%	-

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.