Abacus Property Stapled Securities P/E
What is the P/E of Abacus Property Stapled Securities?
The P/E of Abacus Property Group Stapled Securities is N/A
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Real Estate sector on ASX compared to Abacus Property Stapled Securities
What does Abacus Property Stapled Securities do?
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
Companies with p/e similar to Abacus Property Stapled Securities
- Hutchison Telecommunications Hong Kong has P/E of N/A
- Village Roadshow has P/E of N/A
- Marvell Technology Inc has P/E of N/A
- HL Acquisitions has P/E of N/A
- SailPoint Technologies Inc has P/E of N/A
- Virginia Resources has P/E of N/A
- Abacus Property Stapled Securities has P/E of N/A
- Alicon Castalloy has P/E of N/A
- Hastings Technology Metals has P/E of N/A
- Arbor Metals has P/E of N/A
- Volt has P/E of N/A
- Duni AB (publ) has P/E of N/A
- Ruicheng (China) Media has P/E of N/A