2972.T
Price:
$101100
Market Cap:
$47.22B
SASANKEI REAL ESTATE Inc. listed on the Tokyo Stock Exchange Real Estate Investment Trust Securities Market (J-REIT market) on March 12, 2019 (TSE code: 2972; abbreviation: SANKEI REAL ESTATE). SANKEI REAL ESTATE invests mainly in major metropolitan areas (Greater Tokyo, Osaka City, and Nagoya City) by setting "office buildings," the asset type representative of Japan's real estate (securitization) market, as the primary investment target, while setting "sub assets" as the secondary investment target in which a fixed percentage of investments are made. "Sub assets" are asset types that possess characteristics different from "office buildings" and which contribute to building a strong portfol...[Read more]
Industry
REIT - Office
IPO Date
2019-03-12
Stock Exchange
JPX
Ticker
2972.T
According to SANKEI REAL ESTATE Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 21.03. This represents a change of 130.94% compared to the average of 9.11 of the last 4 quarters.
The mean historical PE Ratio of SANKEI REAL ESTATE Inc. over the last ten years is 21.69. The current 21.03 PE Ratio has changed 9.60% with respect to the historical average. Over the past ten years (40 quarters), 2972.T's PE Ratio was at its highest in in the August 2021 quarter at 11.40. The PE Ratio was at its lowest in in the February 2019 quarter at -45.73.
Average
21.69
Median
18.84
Minimum
15.84
Maximum
37.43
Discovering the peaks and valleys of SANKEI REAL ESTATE Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.92%
Maximum Annual PE Ratio = 37.43
Minimum Annual Increase = -56.20%
Minimum Annual PE Ratio = 15.84
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 17.93 | -9.23% |
| 2023 | 19.75 | 24.72% |
| 2022 | 15.84 | -30.45% |
| 2021 | 22.77 | 38.92% |
| 2020 | 16.39 | -56.20% |
The current PE Ratio of SANKEI REAL ESTATE Inc. (2972.T) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
17.84
5-year avg
18.54
10-year avg
21.69
SANKEI REAL ESTATE Inc.’s PE Ratio is greater than Escon Japan REIT Investment Corporation (11.67), less than SRE Holdings Corporation (46.12), greater than Polaris Holdings Co., Ltd. (14.33), greater than Ichigo Hotel REIT Investment Corporation (9.58), greater than Dear Life Co.,Ltd. (10.41), greater than Starts Proceed Investment Corporation (20.31), greater than Sankyo Frontier Co.,Ltd. (9.23), greater than MUGEN ESTATE Co.,Ltd. (6.80), greater than Tosei Reit Investment Corporation (18.84), greater than Cosmos Initia Co., Ltd. (6.01),
| Company | PE Ratio | Market cap |
|---|---|---|
| 11.67 | $45.12B | |
| 46.12 | $54.43B | |
| 14.33 | $41.62B | |
| 9.58 | $41.30B | |
| 10.41 | $46.35B | |
| 20.31 | $54.07B | |
| 9.23 | $44.76B | |
| 6.80 | $43.16B | |
| 18.84 | $54.28B | |
| 6.01 | $37.96B |
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