Greek (ASE) Real Estate Sector Analysis

Sector Valuation and Performance

Has the Greek Real Estate Sector valuation changed over the past few years?

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 14.9x which is lower than its 3-year average PE of 19.5x. It appears they believe that earnings will not grow as fast as they have historically.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 24% per year over the last three years, while revenues for these companies have declined 7.3% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Greek Real Estate sector?

Industry PE: Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 154x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the REITS industry, which is trading below its 3-year average of 16.4x.

Forecasted Growth: There is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?