How to buy Pengana Private Equity Trust shares | A$1.17

Pengana Private Equity Trust is an asset management business based in Australia. Pengana Private Equity Trust shares (PE1) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $1.17 – a decrease of 2.5% over the previous week. and has a market cap (total outstanding shares value) of $282.4 million.

How to buy shares in Pengana Private Equity Trust

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Pengana Private Equity Trust. Find the share by name or ticker symbol: PE1. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Pengana Private Equity Trust reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $1.17, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Pengana Private Equity Trust. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Pengana Private Equity Trust's share price?

Since the stock market crash in March caused by coronavirus, Pengana Private Equity Trust's share price has had significant negative movement.

Its last market close was $1.17, which is 22.00% down on its pre-crash value of $1.5 and 23.81% up on the lowest point reached during the March crash when the shares fell as low as $0.945.

If you had bought $1,000 worth of Pengana Private Equity Trust shares at the start of February 2020, those shares would have been worth $724.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $815.33.

Pengana Private Equity Trust share price

Use our graph to track the performance of PE1 stocks over time.

Pengana Private Equity Trust shares at a glance

• Key figures

Information last updated 2020-10-21.

Latest market close	AUDA$1.17
52-week range	AUDA$0.945 - AUDA$1.72
50-day moving average	AUDA$1.2144
200-day moving average	AUDA$1.3313
Target price	N/A
PE ratio	31.1497
Dividend yield	AUDA$0.04 (3.09%)
Earnings per share (TTM)	AUDA$0.0357

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Pengana Private Equity Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Pengana Private Equity Trust by TradingView

Pengana Private Equity Trust price performance over time

Historical closes compared with the close of A$1.17 on 2020-10-22

1 week (2020-10-22)	0%
1 month (2020-09-29)	-1.68%
3 months (2020-07-29)	-2.90%
6 months (2020-04-29)	-18.18%

1 year (2019-10-29)	-23.78%
2 years (2018-10-25)	N/A
3 years (2017-10-25)	N/A
5 years (2015-10-25)	N/A

Is Pengana Private Equity Trust under- or over-valued?

Valuing Pengana Private Equity Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Pengana Private Equity Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Pengana Private Equity Trust's P/E ratio

Pengana Private Equity Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Pengana Private Equity Trust shares trade at around 31x recent earnings.

That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).

Pengana Private Equity Trust financials

Gross profit TTM	$0
Return on assets TTM	0%
Return on equity TTM	0%
Profit margin	0%
Book value	N/A
Market capitalisation	$282.4 million

TTM: trailing 12 months

Pengana Private Equity Trust share dividends

Dividend payout ratio: 97.03% of net profits

Recently Pengana Private Equity Trust has paid out, on average, around 97.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Pengana Private Equity Trust shareholders could enjoy a 3.09% return on their shares, in the form of dividend payments. In Pengana Private Equity Trust's case, that would currently equate to about A$0.04 per share.

Pengana Private Equity Trust's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 17 June 2020 (the "ex-dividend date").

Pengana Private Equity Trust overview

N/A

Frequently asked questions

• What percentage of Pengana Private Equity Trust is owned by insiders or institutions?

  Currently 29.633% of Pengana Private Equity Trust shares are held by insiders and 2.848% by institutions.

• When does the fiscal year end for Pengana Private Equity Trust?

  Pengana Private Equity Trust's fiscal year ends in December.

• Where is Pengana Private Equity Trust based?

  Pengana Private Equity Trust's address is: Level 12, Sydney, NSW, Australia, 2000