Peet Limited

Peet Limitedverified

PPC.AX

Price:

$1.48

Market Cap:

$693.04M

Peet Limited acquires, develops, and markets residential land in Australia. It operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The Funds Management segment provides underwriting, capital raising, and asset identification services. The Company-Owned Projects segment acquires parcels of land primarily for residential development purpose, as well as produces non-residential blocks of land. The Joint Arrangements segment undertakes the development of land through joint arrangements with government, statutory authorities, and private landowners. Peet Limited was founded in 1895 and is headquartered in Perth, Australia.[Read more]

Industry

Real Estate - Development

IPO Date

2004-08-05

Stock Exchange

ASX

Ticker

PPC.AX

The Current Ratio as of January 2025 (TTM) for Peet Limited (PPC.AX) is 2.65

According to Peet Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.65. This represents a change of 20.36% compared to the average of 2.20 of the last 4 quarters.

Peet Limited (PPC.AX) Historical Current Ratio (quarterly & annually)

How has PPC.AX Current Ratio performed in the past?

The mean historical Current Ratio of Peet Limited over the last ten years is 2.16. The current 2.65 Current Ratio has changed 12.19% with respect to the historical average. Over the past ten years (40 quarters), PPC.AX's Current Ratio was at its highest in in the June 2011 quarter at 3.64. The Current Ratio was at its lowest in in the March 2009 quarter at 0.

Quarterly (TTM)
Annual

Average

2.16

Median

2.21

Minimum

1.03

Maximum

3.58

Peet Limited (PPC.AX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Peet Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 248.83%

Maximum Annual Current Ratio = 3.58

Minimum Annual Increase = -49.69%

Minimum Annual Current Ratio = 1.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.6585.94%
20231.42-42.30%
20222.47-30.95%
20213.58248.83%
20201.03-49.69%
20192.047.63%
20181.89-29.61%
20172.6913.02%
20162.3869.05%
20151.41-22.29%

Peet Limited (PPC.AX) Average Current Ratio

How has PPC.AX Current Ratio performed in the past?

The current Current Ratio of Peet Limited (PPC.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.18

5-year avg

2.23

10-year avg

2.16

Peet Limited (PPC.AX) Current Ratio vs. Peers

How is PPC.AX’s Current Ratio compared to its peers?

Peet Limited’s Current Ratio is less than Sunland Group Limited (4.85), greater than Cedar Woods Properties Limited (2.31), greater than Finbar Group Limited (1.37), greater than Servcorp Limited (0.51), less than United Overseas Australia Limited (3.56),

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