Prosperity Real Estate Investment Trust
HKEX:808

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Prosperity Real Estate Investment Trust
HKEX:808
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Price: 1.46 HKD Market Closed
Market Cap: HK$2.3B

Relative Value

The Relative Value of one Prosperity Real Estate Investment Trust stock under the Base Case scenario is 2 HKD. Compared to the current market price of 1.46 HKD, Prosperity Real Estate Investment Trust is Undervalued by 27%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
2 HKD
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
Prosperity Real Estate Investment Trust Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Prosperity Real Estate Investment Trust
HKEX:808
2.3B HKD 5.5 -17.1 14.3 14.3
US
Boston Properties Inc
NYSE:BXP
9.8B USD 2.8 35.6 13.2 25
US
Alexandria Real Estate Equities Inc
NYSE:ARE
9.1B USD 3 -6.3 10.3 32.6
JP
Nippon Building Fund Inc
TSE:8951
1.2T JPY 12.5 29.1 28.8 38.5
FR
Covivio SA
PAR:COV
6.6B EUR 4.8 15.8 14.9 17.7
US
COPT Defense Properties
NYSE:CDP
7.1B USD 9.5 47.9 42.3 42.3
JP
Japan Real Estate Investment Corp
TSE:8952
900.7B JPY 10.7 24.6 24.7 32.3
US
Vornado Realty Trust
NYSE:VNO
5.6B USD 3.1 6.6 16 45.5
AU
Dexus
ASX:DXS
7.2B AUD 8.2 14.1 37.2 37.2
SG
Keppel REIT
SGX:K71U
4.7B 0 0 0 0
JP
Kenedix Office Investment Corp
TSE:8972
683.4B JPY 8.7 20.2 22.4 28.1
P/E Multiple
Earnings Growth PEG
HK
Prosperity Real Estate Investment Trust
HKEX:808
Average P/E: 24.2
Negative Multiple: -17.1
N/A N/A
US
Boston Properties Inc
NYSE:BXP
35.6
17%
2.1
US
Alexandria Real Estate Equities Inc
NYSE:ARE
Negative Multiple: -6.3 N/A N/A
JP
Nippon Building Fund Inc
TSE:8951
29.1
N/A N/A
FR
Covivio SA
PAR:COV
15.8
101%
0.2
US
COPT Defense Properties
NYSE:CDP
47.9
5%
9.6
JP
Japan Real Estate Investment Corp
TSE:8952
24.6
1%
24.6
US
Vornado Realty Trust
NYSE:VNO
6.6
-53%
N/A
AU
Dexus
ASX:DXS
14.1
63%
0.2
SG
Keppel REIT
SGX:K71U
Not Available
-17%
N/A
JP
Kenedix Office Investment Corp
TSE:8972
20.2
2%
10.1