Wharf Real Estate Investment Co (HKSE:01997) Forward PE Ratio : 9.70 (As of Apr. 28, 2024)

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What is Wharf Real Estate Investment Co Forward PE Ratio?

Wharf Real Estate Investment Co's Forward PE Ratio for today is 9.70.

Wharf Real Estate Investment Co's PE Ratio without NRI for today is 14.51.

Wharf Real Estate Investment Co's PE Ratio for today is 15.35.

Wharf Real Estate Investment Co Forward PE Ratio Historical Data

The historical data trend for Wharf Real Estate Investment Co'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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Wharf Real Estate Investment Co Forward PE Ratio Chart

Wharf Real Estate Investment Co Annual Data

Trend

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

19.69

14.60

13.35

14.93

16.29

18.35

9.99

9.70

Wharf Real Estate Investment Co Semi-Annual Data
	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	19.69	18.15	19.72	15.82	14.60	17.09	15.92	12.52	13.35	10.11	12.44	11.01	14.93	16.31	17.73	15.22	16.29	17.83	16.26	14.39	18.35	18.80	16.31	11.45	9.99	10.53

Competitive Comparison of Wharf Real Estate Investment Co's Forward PE Ratio

For the Real Estate Services subindustry, Wharf Real Estate Investment Co'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.

Wharf Real Estate Investment Co's Forward PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wharf Real Estate Investment Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Wharf Real Estate Investment Co's Forward PE Ratio falls into.

Wharf Real Estate Investment Co 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.

Wharf Real Estate Investment Co (HKSE:01997) 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 .

Wharf Real Estate Investment Co Forward PE Ratio Related Terms

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Wharf Real Estate Investment Co (HKSE:01997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wharf Real Estate Investment Co Ltd (HKSE:01997) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

WRFRF:USA 4WF:Germany

Address

https://www.wharfreic.com/en/investor/reports, 16th Floor, Ocean Centre, Harbour City, Kowloon, Hong Kong, HKG

Website

https://www.wharfreic.com

Wharf spun off Wharf Real Estate Investment Co in November 2017. It is a leading property investor with a focus in prime retail assets in Hong Kong. Rental income from two flagship assets Harbour City and Times Square account for around 80% of revenue. The balance is made up of The Murray hotel, a suburban mall in Plaza Hollywood, two offices in Central CBD. The group also holds two malls in Singapore and a mixed-development in Suzhou. Wharf was originally a shipping company but transformed into a property developer and investor in the 1960s by redeveloping its unused industrial assets, many located in city-center and waterfront locations. The Harbour City site was previously wharfs, and the Times Square site was a tram depot in the 1970s. Wheelock holds a 45% stake in WREIC.

Wharf Real Estate Investment Co (HKSE:01997) Headlines

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