APN Industria REIT Price/Sales
What is the Price/Sales of APN Industria REIT?
The Price/Sales of APN Industria REIT is 7.40
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 OTC compared to APN Industria REIT
What does APN Industria REIT do?
APN Industria REIT (ÂIndustria) (ASX code: ADI) is a listed Australian real estate investment trust which owns interests in office and industrial properties that provide functional and affordable workspaces for business. Industria's $824 million portfolio of 32 properties located across the major Australian cities provides sustainable income and capital growth prospects for security holders over the long term. Industria has a target gearing band of 30 Â 40%, providing flexibility for future growth without compromising the low-risk approach to management. Industria is managed by APN Property Group, a specialist real estate investment manager established in 1996, and governed by a majority independent Board.
Companies with price/sales similar to APN Industria REIT
- Willow Biosciences has Price/Sales of 7.38
- Glacier has Price/Sales of 7.38
- GQG Partners Inc has Price/Sales of 7.38
- Amicus Therapeutics Inc has Price/Sales of 7.39
- Nemetschek SE has Price/Sales of 7.40
- Melrose has Price/Sales of 7.40
- APN Industria REIT has Price/Sales of 7.40
- China Resources Microelectronics has Price/Sales of 7.41
- Dream Hard Asset Alternatives Trust has Price/Sales of 7.41
- AIXTRON SE has Price/Sales of 7.42
- Delaware Enhanced Global Dividend & Income Fund has Price/Sales of 7.42
- Penumbra Inc has Price/Sales of 7.43
- IDP Education has Price/Sales of 7.43