Abacus Property Stapled Securities Price/Sales
What is the Price/Sales of Abacus Property Stapled Securities?
The Price/Sales of Abacus Property Group Stapled Securities is 83.86
What is the definition of Price/Sales?
Price to sales ratio is a company’s stock price compared to its revenues.
ttm (trailing twelve months)
The price to sales ratio, Price/Sales ratio, P/S ratio, or PSR, is a valuation metric for stocks. It is calculated by dividing the company's market cap by the revenue in the most recent year. It can also be calculated by dividing the per-share stock price by per-share revenue. The price to sales ratio is for trailing twelve months so the reported sales are for the four previous quarters. Longer time periods can be examined at times.
A smaller price to sales ratio is usually thought to be a better investment since the investor is paying less for each unit of sales. However, sales do not reveal the whole picture, as the company may be unprofitable with a low P/S ratio. Because of the limitations, this ratio is usually used only for unprofitable companies, since they don't have a price to earnings ratio (P/E ratio). The metric can be used to determine the value of a stock relative to its past performance. It may also be used to determine relative valuation of a sector or the market as a whole.
Price to sales ratios vary greatly between sectors, so they are most useful in comparing similar stocks within a sector or sub-sector. Comparing P/S ratios carries the implicit assumption that all firms in the comparison have an identical capital structure.
Price/Sales of companies in the Real Estate sector on ASX compared to Abacus Property Stapled Securities
What does Abacus Property Stapled Securities do?
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
Companies with price/sales similar to Abacus Property Stapled Securities
- BlackRock Health Sciences Trust has Price/Sales of 82.46
- HAW Capital 2 has Price/Sales of 82.55
- BlackRock New York Municipal Income Quality Trust has Price/Sales of 82.81
- Forward Water Technologies has Price/Sales of 83.22
- Angel Wing Metals has Price/Sales of 83.44
- Drone Delivery Canada has Price/Sales of 83.68
- Abacus Property Stapled Securities has Price/Sales of 83.86
- Luduson G has Price/Sales of 83.91
- Investment plc has Price/Sales of 84.01
- Mithril Resources has Price/Sales of 84.39
- HSIL has Price/Sales of 84.46
- Templeton Global Growth Fund has Price/Sales of 84.56
- Archon Minerals has Price/Sales of 84.78