The price to earning (PE) ratios of REITs in Hong Kong was lower than the PE ratio of the total market and real estate sector as of March 2024. REITs are companies that own or finance rental real estate. One of their major benefits is liquidity: Though not all REITs are publicly traded, many of the major ones are, which allows investors to easily buy and sell shares. Because REITs pay out most of their taxable income to shareholders as dividends, they typically do not pay any corporate income tax. As of March 2024, the PE ratio of REITs in Hong Kong stood at -26.9, with the earnings of the market forecast to grow by 9.1 percent annually. The PE ratio is a valuation metric which is calculated as the ratio of the total market cap to the total earnings. A higher PE ratio means that the market cap has grown higher than the earnings - a sign of high investor confidence, but also that the market may be overpriced.
Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment
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Simply Wall St. (March 12, 2024). Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/
Simply Wall St. "Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment." Chart. March 12, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/
Simply Wall St. (2024). Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/
Simply Wall St. "Price to Equity (Pe) Ratios and Annual Earnings Growth Forecast of Real Estate Investment Trusts (Reits) in Hong Kong as of March 2024, by Market Segment." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/
Simply Wall St, Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment Statista, https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/ (last visited August 24, 2024)
Price to equity (PE) ratios and annual earnings growth forecast of real estate investment trusts (REITs) in Hong Kong as of March 2024, by market segment [Graph], Simply Wall St, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1369913/pe-ratio-earnings-forecast-reits-hong-kong-by-segment/