Metrics to compare | PCT | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipPCTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 398.2x | 10.0x | 9.2x | |
PEG Ratio | 3.47 | 0.02 | 0.01 | |
Price/Book | 0.8x | 0.6x | 0.9x | |
Price / LTM Sales | 7.0x | 5.0x | 3.9x | |
Upside (Analyst Target) | 30.5% | 16.7% | 18.0% | |
Fair Value Upside | Unlock | −0.2% | 9.7% | Unlock |
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd is the largest owner, manager and developer of premium city center real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and includes investment in Precinct Flex, Commercial Bay retail and a multi-unit residential development business. As of 31 December 2025, Precinct's directly held portfolio (on completion value) totalled 3.3 billion US dollars, and Precinct had a further 1.9 billion US dollars of capital partnering assets under management: 1.4 billion US dollars of these were assets in which Precinct holds a minority interest; with the balance being managed on behalf of third party partners. Precinct Properties NZ Ltd & Precinct Properties Investments Ltd was incorporated in 1997.