SINGAPORE REITS: WHICH REITS ARE UNDERVALUED; WHICH ARE VERY UNDERVALUED?
Dear readers, in this post, we will take a look
at Singapore Reits and focus on their Price-to-Book ratios (P/B) in order to establish which of these Reits are undervalued and which are very undervalued.
First, a disclaimer. This post does not seek to allude that undervalued stocks or Reits in this instance means they are great Buys at their current prices. What this post seeks to do is to provide investors an additional layer of information on these stocks, especially for investors who may be interested in them.
And without further ado, the below is the colour code meaning of the Reits for the chart above.
As you could see, both Dasin Retail Trust and Fortune Reit have the lowest P/B ratios among Singapore Reits, making them the most undervalued Singapore Reits currently.
And of the 32 Singapore Reits, 20 of them are trading at P/B below 1; which means 62.5% of Singapore Reits are currently undervalued.
Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too. First, a disclaimer. This post does not seek to allude that undervalued stocks or Reits in this instance means they are great Buys at their current prices. What this post seeks to do is to provide investors an additional layer of information on these stocks, especially for investors who may be interested in them.
And without further ado, the below is the colour code meaning of the Reits for the chart above.
As you could see, both Dasin Retail Trust and Fortune Reit have the lowest P/B ratios among Singapore Reits, making them the most undervalued Singapore Reits currently.
And of the 32 Singapore Reits, 20 of them are trading at P/B below 1; which means 62.5% of Singapore Reits are currently undervalued.