You are here

SGX Real Estate Index priced below book value; yields near 6%

Singapore

THE SGX Real Estate Index is priced below book value with yields near 6 per cent according to an SGX My Gateway report.

As of Tuesday's close, the 54 stocks were trading at average price-earnings (P/E) and price-to-book (P/B) ratios of 12.8 and 0.8 respectively, while