Abacus Property Group [ASX:ABP] share price and news 2022

Company Description

Abacus Property Group (ABP) is a diversified property group that specialises in investing in core plus property opportunities across Australia’s commercial property markets. It invests in office, retail and industrial properties, self-storage facilities, participation in property ventures and developments and property funds management.

Abacus Property Group belongs to Real Estate sector and under industry of Diversified REITs. You can get more information about this company via their website: http://www.abacusproperty.com.au.

This is a mid cap company with market cap of 2202 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is less than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0.56 14.8 0.81 0
Market 1.03 20.6 1.71 1.15
Sector 0.68 19 1.01 1.08

Dividend Growth Chart

The following chart shows you how abp dividend grows in the recent years.Abacus Property Group has dividend yield of 6.56%