Assessing GPT Group (ASX:GPT) Valuation After Strong Half-Year Earnings Recovery and Share Price Rally
GPT Group (ASX:GPT) just released its half-year earnings, and there is a lot for investors to consider. The headline figure is clear enough, with revenue rising sharply and net income shifting from a loss last year to a solid profit. That kind of turnaround, along with stronger earnings per share, has energized the market and prompted questions about whether this real estate heavyweight is entering a new phase.
This is not simply a one-off increase. GPT Group’s share price has climbed nearly 25% this year, surpassing the broader sector, and the stock is up more than 17% over the past month. The momentum is notable, especially following a challenging period not too long ago. With both sales and profit significantly higher and last…
