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Australian (ASX) Office REITs Industry Analysis
UpdatedApr 18, 2025
DataAggregated Company Financials
Companies7
- 7D0.6%
- 3M3.9%
- 1Y-1.7%
- YTD5.0%
The Office REITs industry has been flat over the last week, but Cromwell Property Group has lost 5.2%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 51% per annum.
Industry Valuation and Performance
Has the Australian Office REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 18 Apr 2025 | AU$11.1b | AU$1.4b | -AU$1,455,691,000.00 | 112.4x | -7.6x | 8.2x |
| Sun, 16 Mar 2025 | AU$11.2b | AU$1.4b | -AU$1,455,691,000.00 | 111.5x | -7.7x | 8.2x |
| Tue, 11 Feb 2025 | AU$11.6b | AU$1.0b | -AU$2,282,768,000.00 | 123.9x | -5.1x | 11.2x |
| Thu, 09 Jan 2025 | AU$10.8b | AU$1.0b | -AU$2,360,952,000.00 | 116.7x | -4.6x | 10.2x |
| Sat, 07 Dec 2024 | AU$10.9b | AU$1.0b | -AU$2,360,952,000.00 | 120.8x | -4.6x | 10.4x |
| Mon, 04 Nov 2024 | AU$11.1b | AU$1.0b | -AU$2,360,952,000.00 | 129x | -4.7x | 10.6x |
| Wed, 02 Oct 2024 | AU$11.9b | AU$1.1b | -AU$2,359,455,000.00 | 138.2x | -5.1x | 11.3x |
| Fri, 30 Aug 2024 | AU$11.2b | AU$1.2b | -AU$2,634,272,000.00 | 135.9x | -4.3x | 9.6x |
| Sun, 28 Jul 2024 | AU$10.8b | AU$1.1b | -AU$2,510,572,000.00 | 99.5x | -4.3x | 9.9x |
| Tue, 25 Jun 2024 | AU$10.8b | AU$1.1b | -AU$2,510,572,000.00 | 105.7x | -4.3x | 9.9x |
| Thu, 23 May 2024 | AU$11.2b | AU$1.1b | -AU$2,510,572,000.00 | 105.7x | -4.5x | 10.4x |
| Sat, 20 Apr 2024 | AU$11.5b | AU$1.1b | -AU$2,549,377,000.00 | 105.7x | -4.5x | 10.3x |
| Mon, 18 Mar 2024 | AU$12.1b | AU$1.6b | -AU$2,549,377,000.00 | 106.5x | -4.7x | 7.6x |
| Wed, 14 Feb 2024 | AU$12.3b | AU$1.7b | -AU$1,600,892,000.00 | 284.2x | -7.7x | 7.3x |
| Fri, 12 Jan 2024 | AU$12.0b | AU$1.7b | -AU$1,567,021,000.00 | 286.3x | -7.7x | 7.1x |
| Sun, 10 Dec 2023 | AU$11.8b | AU$1.7b | -AU$1,567,021,000.00 | 273.2x | -7.5x | 6.9x |
| Tue, 07 Nov 2023 | AU$10.9b | AU$1.7b | -AU$1,567,021,000.00 | 238.3x | -7x | 6.4x |
| Thu, 05 Oct 2023 | AU$11.4b | AU$1.7b | -AU$1,567,021,000.00 | 229.5x | -7.3x | 6.7x |
| Sat, 02 Sep 2023 | AU$12.4b | AU$1.7b | -AU$1,567,021,000.00 | 275.4x | -7.9x | 7.3x |
| Mon, 31 Jul 2023 | AU$12.2b | AU$2.1b | AU$829.4m | 25.5x | 14.7x | 5.7x |
| Wed, 28 Jun 2023 | AU$11.8b | AU$2.1b | AU$909.4m | 20.1x | 13x | 5.6x |
| Fri, 26 May 2023 | AU$12.1b | AU$2.1b | AU$909.4m | 20.7x | 13.4x | 5.7x |
| Sun, 23 Apr 2023 | AU$11.8b | AU$2.1b | AU$909.4m | 21x | 13x | 5.6x |
Price to Earnings Ratio
12.7x
Current Industry PE
- Investors are relatively neutral on the Australian Office REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 8.3x.
Past Earnings Growth
- Total earnings for the Office REITs industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 14% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Australian Real Estate industry?
| AU Market | 1.46% | |
| Real Estate | 0.66% | |
| Office REITs | 0.56% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DXS DEXUS | AU$7.23 | 3.0% +AU$225.3m | 2.4% | PB0.8x | |
| COF Centuria Office REIT | AU$1.19 | 3.9% +AU$26.9m | 0.4% | PB0.7x | |
| ABG Abacus Group | AU$1.12 | 2.3% +AU$22.3m | -1.3% | PB0.6x | |
| GDI GDI Property Group | AU$0.63 | 1.6% +AU$5.4m | 5.0% | PB13.7x | |
| AOF Australian Unity Office Fund | AU$0.88 | 0.6% +AU$821.9k | -30.2% | PB0.8x |