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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

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Post by Torontojay on Aug 23, 2024 1:11pm

S&P 500 P/E ratio

Is getting back to frothy levels and at 29.3 times earnings. Numbers don't lie and the story is more about a multiple expansion than an earnings expansion. The latter is more fundamentally bullish for the stock market and the former is
more speculative.
Comment by CptnBlueberries on Aug 23, 2024 3:52pm
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