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Tokyu Reit (Tokyu Reit) Price-to-Tangible-Book : 1.32 (As of Apr. 27, 2024)


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What is Tokyu Reit Price-to-Tangible-Book?

As of today (2024-04-27), Tokyu Reit's share price is $1180.00. Tokyu Reit's Tangible Book per Share of Jul. 2023 for the quarter that ended in Jul. 2023 was $891.41. Hence, Tokyu Reit's Price to Tangible Book Ratio of today is 1.32.

The historical rank and industry rank for Tokyu Reit's Price-to-Tangible-Book or its related term are showing as below:

TKURF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.12   Med: 1.29   Max: 1.73
Current: 1.28

During the past 13 years, Tokyu Reit's highest Price to Tangible Book Ratio was 1.73. The lowest was 1.12. And the median was 1.29.

TKURF's Price-to-Tangible-Book is ranked worse than
81.93% of 841 companies
in the REITs industry
Industry Median: 0.83 vs TKURF: 1.28

A closely related ratio is called PB Ratio. As of today, Tokyu Reit's share price is $1180.00. Tokyu Reit's Book Value per Sharefor the quarter that ended in Jul. 2023 was $891.41. Hence, Tokyu Reit's P/B Ratio of today is 1.32.


Tokyu Reit Price-to-Tangible-Book Historical Data

The historical data trend for Tokyu Reit'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.

Tokyu Reit Price-to-Tangible-Book Chart

Tokyu Reit Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 1.34 1.38 1.82 1.55

Tokyu Reit Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.82 1.44 1.55 -

Competitive Comparison of Tokyu Reit's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Tokyu Reit'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.


Tokyu Reit's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Tokyu Reit's Price-to-Tangible-Book falls into.



Tokyu Reit Price-to-Tangible-Book Calculation

Tokyu Reit's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jul. 2023 )
=1180.00/891.411
=1.32

* 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.

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

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.


Tokyu Reit Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tokyu Reit's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Tokyu Reit (Tokyu Reit) Business Description

Traded in Other Exchanges
Address
1-12-1, Dogenzaka, Tokyo, JPN
Tokyu Reit Inc is a Japanese real estate company. It is engaged in asset investment and management based on principles of growth, stability, and transparency. The company invests predominantly in retail and office properties located in Chiyoda, Chuo, Minato, Shinjuku and Shibuya wards. It also conducts replacement of properties and other measures as needed in order to maintain and improve the portfolio quality, aiming to enhance its asset value and increase net income per unit.

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