Riocan Real Estate Investment Trust (Riocan Real Estate Investment Trust) Price-to-Tangible-Book : 0.70 (As of Apr. 27, 2024)

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What is Riocan Real Estate Investment Trust Price-to-Tangible-Book?

As of today (2024-04-27), Riocan Real Estate Investment Trust's share price is $12.88. Riocan Real Estate Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.45. Hence, Riocan Real Estate Investment Trust's Price to Tangible Book Ratio of today is 0.70.

The historical rank and industry rank for Riocan Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

RIOCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 0.97 Max: 1.11
Current: 0.72

During the past 13 years, Riocan Real Estate Investment Trust's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.69. And the median was 0.97.

RIOCF's Price-to-Tangible-Book is ranked better than
64.45% of 841 companies
in the REITs industry
Industry Median: 0.83 vs RIOCF: 0.72

A closely related ratio is called PB Ratio. As of today, Riocan Real Estate Investment Trust's share price is $12.88. Riocan Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $18.45. Hence, Riocan Real Estate Investment Trust's P/B Ratio of today is 0.70.

Riocan Real Estate Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Riocan Real Estate Investment Trust's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Riocan Real Estate Investment Trust Price-to-Tangible-Book Chart

Riocan Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.04

0.69

0.91

0.82

0.76

Riocan Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.82	0.79	0.74	0.72	0.76

Competitive Comparison of Riocan Real Estate Investment Trust's Price-to-Tangible-Book

For the REIT - Retail subindustry, Riocan Real Estate Investment Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Riocan Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Riocan Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Riocan Real Estate Investment Trust's Price-to-Tangible-Book falls into.

Riocan Real Estate Investment Trust Price-to-Tangible-Book Calculation

Riocan Real Estate Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.88	/	18.452
	=	0.70

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Riocan Real Estate Investment Trust Price-to-Tangible-Book Related Terms

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Riocan Real Estate Investment Trust (Riocan Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Riocan Real Estate Investment Trust (OTCPK:RIOCF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

R7G:Germany REI.UN:Canada

Address

2300 Yonge Street, Suite 500, P.O. Box 2386, RioCan Yonge Eglinton Centre, Toronto, ON, CAN, M4P 1E4

Website

https://www.riocan.com

Riocan Real Estate Investment Trust is a Canadian real estate investment trust which owns, develops, and operates Canada's portfolio of retail-focused, increasingly mixed-use properties. The REIT's property portfolio includes shopping centers and mixed-use developments, with most of its properties located in Ontario, Canada. Riocan's tenants consist of grocery stores, supermarkets, restaurants, cinemas, pharmacies, and corporates. By geography, the company operates in Canada, which generates the majority of total revenue, and in the United States.