How to buy Pengana Private Equity Trust shares

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. Pengana Private Equity Trust has a market cap (total outstanding shares value) of $186.7 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, 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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Pengana Private Equity Trust share price

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Superhero share trading		AUD $5	No	ASX shares, ETFs	Pay zero brokerage on all Australian ETFs. Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.	Go to site More Info	Compare	loading Fetching your data...
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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.

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 33x. In other words, Pengana Private Equity Trust shares trade at around 33x 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 share dividends

Dividend payout ratio: 494% of net profits

Recently Pengana Private Equity Trust has paid out, on average, around 494% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.19% 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 3.19% 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 3 January 2021 (the "ex-dividend date").

Pengana Private Equity Trust overview

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Frequently asked questions

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

  Currently 10.503% of Pengana Private Equity Trust shares are held by insiders and 13.637% 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

• What is Pengana Private Equity Trust's ISIN number?

  Pengana Private Equity Trust's international securities identification number is: AU0000039521