Cromwell Property Group (ASX:CMW) Forward PE Ratio : 10.70 (As of Apr. 30, 2024)

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What is Cromwell Property Group Forward PE Ratio?

Cromwell Property Group's Forward PE Ratio for today is 10.70.

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

Cromwell Property Group's PE Ratio for today is 0.00.

Cromwell Property Group Forward PE Ratio Historical Data

The historical data trend for Cromwell Property 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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Cromwell Property Group Forward PE Ratio Chart

Cromwell Property Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

12.25

12.32

13.37

12.80

16.37

13.37

10.81

10.13

9.21

10.70

Cromwell Property 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	12.25	13.23	12.39	11.75	12.32	12.52	12.69	14.93	13.37	13.32	14.01	13.48	12.80	14.62	14.99	16.42	16.37	11.66	15.67	15.17	13.37	11.26	11.93	10.94	10.81	10.44	9.23	10.06	10.13	11.90	11.48	7.43	9.21	11.63

Competitive Comparison of Cromwell Property Group's Forward PE Ratio

For the REIT - Office subindustry, Cromwell Property 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.

Cromwell Property Group's Forward PE Ratio Distribution in the REITs Industry

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

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

Cromwell Property 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.

Cromwell Property Group (ASX:CMW) 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 .

Cromwell Property Group Forward PE Ratio Related Terms

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Cromwell Property Group (ASX:CMW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cromwell Property Group (ASX:CMW) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

C4Q:Germany

Address

200 Mary Street, Level 19, Brisbane, QLD, AUS, 4000

Website

https://www.cromwellpropertygroup.com

Cromwell Property Group is an internally managed Australian real estate investment trust. It owns an Australian portfolio of (mostly office) properties and also develops and manages properties on behalf of third-party investors. The group is exploring opportunities to sell some assets, and to spin out its office portfolio into a separate REIT, leaving the Cromwell business to focus more on funds management. The timetable is uncertain given high interest rates are a headwind for property sales and sentiment toward office stocks has been depressed since the rise of hybrid working.

Cromwell Property Group (ASX:CMW) Headlines

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