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1 Comment
Prestige Estates Projects Limited is currently in a long term uptrend where the price is trading 3.4% above its 200 day moving average.
From a valuation standpoint, the stock is 89.1% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.8.
Prestige Estates Projects Limited's total revenue sank by 31.1% to $18B since the same quarter in the previous year.
Its net income has dropped by 63.7% to $587M since the same quarter in the previous year.
Finally, its free cash flow fell by 25.8% to $9B since the same quarter in the previous year.
Based on the above factors, Prestige Estates Projects Limited gets an overall score of 2/5.
Sector | Real Estate |
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Industry | Real Estate - Diversified |
Exchange | NSE |
CurrencyCode | INR |
ISIN | INE811K01011 |
Target Price | 1656.3158 |
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Dividend Yield | 0.1% |
Beta | 0.24 |
Market Cap | 552B |
PE Ratio | 90.44 |
Prestige Estates Projects Limited, together with its subsidiaries, engages in the development and leasing of real estate properties in India. It develops residential projects, including townships, apartments, luxury villas, mansions, row houses, plotted developments, golf communities, and affordable houses, as well as develops and operates commercial projects. The company also develops and owns hospitality properties, which include hotels, resorts, spas, and service apartments. In addition, it provides real estate services that comprise fit-out, interior design and execution, facilities and property management, and project and construction management services. The company was founded in 1986 and is based in Bengaluru, India. Prestige Estates Projects Limited is a subsidiary of Razack Family Trust.
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