Scentre Group (ASX:SCG) Forward PE Ratio : 15.17 (As of May. 01, 2024)

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What is Scentre Group Forward PE Ratio?

Scentre Group's Forward PE Ratio for today is 15.17.

Scentre Group's PE Ratio without NRI for today is 91.47.

Scentre Group's PE Ratio for today is 91.47.

Scentre Group Forward PE Ratio Historical Data

The historical data trend for Scentre 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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Scentre Group Forward PE Ratio Chart

Scentre 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

18.15

19.34

16.98

15.50

15.36

15.63

15.95

14.22

14.18

14.95

Scentre 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	18.15	18.15	20.58	19.57	19.34	17.92	17.01	15.97	16.98	15.31	17.57	15.27	15.50	15.95	14.88	15.08	15.36	8.37	13.19	11.64	15.63	15.60	15.34	14.31	15.95	15.04	13.35	12.50	14.22	13.85	13.32	11.67	14.18	16.34

Competitive Comparison of Scentre Group's Forward PE Ratio

For the REIT - Retail subindustry, Scentre 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.

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

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

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

Scentre 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.

Scentre Group (ASX:SCG) 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 .

Scentre Group Forward PE Ratio Related Terms

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Scentre Group (ASX:SCG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

STGPF:USA

Address

85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000

Website

https://www.scentregroup.com

Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.