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GPT Group (ASX:GPT) Forward PE Ratio : 13.50 (As of May. 27, 2024)


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What is GPT Group Forward PE Ratio?

GPT Group's Forward PE Ratio for today is 13.50.

GPT Group's PE Ratio without NRI for today is 0.00.

GPT Group's PE Ratio for today is 0.00.

GPT Group Forward PE Ratio Historical Data

The historical data trend for GPT Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GPT Group Forward PE Ratio Chart

GPT Group Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
16.61 16.72 16.69 16.69 17.67 14.88 16.61 13.21 14.16 13.28

GPT Group Semi-Annual Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 16.61 16.18 18.15 17.04 16.72 16.92 15.67 15.80 16.69 14.84 15.82 15.80 16.69 18.83 18.80 18.62 17.67 9.89 15.17 13.40 14.88 14.81 15.95 15.75 16.61 15.55 13.81 11.66 13.21 13.51 13.18 11.90 14.16 14.29

Competitive Comparison of GPT Group's Forward PE Ratio

For the REIT - Diversified subindustry, GPT Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GPT Group's Forward PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, GPT Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where GPT Group's Forward PE Ratio falls into.


GPT Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

GPT Group  (ASX:GPT) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

GPT Group Forward PE Ratio Related Terms

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GPT Group (ASX:GPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GPT Group (ASX:GPT) » Definitions » Forward PE Ratio
Comparable Companies
ASX:MGR ASX:SGP ASX:CLW ASX:HMC ASX:GOZ ASX:CNI ASX:ABG ASX:HPI ASX:NPR ASX:WOT VICI BSP:HSRE11 WPC BSP:RCFF11 LSE:LAND FUNO11 XPAR:COV LSE:LMP LSE:UTG LSE:BLND
Traded in Other Exchanges
GPTGF:USA 46T:Germany
Address
25 Martin Place, Level 51, Sydney, NSW, AUS, 2000
Website
https://www.gpt.com.au
GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.