Abacus Property Stapled Securities Forward P/E
What is the Forward P/E of Abacus Property Stapled Securities?
The Forward P/E of Abacus Property Group Stapled Securities is 13.30
What is the definition of Forward P/E?
Forward price to earnings ratio is the ratio of a company’s stock price to the company’s estimated earnings per share for the next twelve months.
The forward price to earnings ratio is similar to trailing price to earnings ratio but instead of net income uses estimated net earnings over next 12 months. Estimates are typically derived as the mean of those published by a select group of analysts with selection criteria varying. The forward price-to-earnings ratio is a powerful, but limited tool. It allows a quick snapshot of the company’s finances without getting down in the details of an accounting report.
Forward 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 forward p/e similar to Abacus Property Stapled Securities
- Sprott Physical Uranium Trust U has Forward P/E of 13.28
- Ascential Plc has Forward P/E of 13.28
- MTY Food has Forward P/E of 13.28
- Moneysupermarket.com Plc has Forward P/E of 13.28
- ADT Inc has Forward P/E of 13.29
- Employers Inc has Forward P/E of 13.29
- Abacus Property Stapled Securities has Forward P/E of 13.30
- Treehouse Foods Inc has Forward P/E of 13.31
- India Motor Parts and Accessories has Forward P/E of 13.31
- China Resources Medical has Forward P/E of 13.32
- Tate & Lyle Plc has Forward P/E of 13.32
- Domino's Pizza Plc has Forward P/E of 13.32
- Worldline S.A. Eo ,68 has Forward P/E of 13.32