2. EMAAR Properties PJSC
âą Public Joint Stock Company (PJSC) listed on DFM, Established
in 1997 with a capital of AED 1 bn.
âą Emaar Properties is currently the region's largest land and real
estate developer.
âą In 2007, the government of Dubai, through the Investment
Corporation of Dubai, took a 32% equity stake in Emaar by
exchanging land for 28 billion AED worth of stock.
âą Activities:
â property investment and development
â property management services
â education, healthcare, retail and hospitality sectors
â investing in financial service providers
2/24/2014 2EMAAR Profile - By Imran Almaleh
10. Forward PE ratio
2/24/2014 EMAAR Profile - By Imran Almaleh 10
8.0X 8.7X 9.2X
22.6X
16.7X
12.8X
10.4X
12.7X
2010 2011 2012 2013E 2014E 2015E 2016E 2017E
PEEMAAR PE
Dubai Financial Market* PE ratio
Current P/E Ratio 89.63
Estimated P/E (12/2014) 52.29
* We used the DFM stock as an approximation for the market index