Charter Hall Long WALE REIT (ASX:CLW) PB Ratio : 0.68 (As of May. 10, 2024)

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What is Charter Hall Long WALE REIT PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-10), Charter Hall Long WALE REIT's share price is A$3.52. Charter Hall Long WALE REIT's Book Value per Share for the quarter that ended in Dec. 2023 was A$5.15. Hence, Charter Hall Long WALE REIT's PB Ratio of today is 0.68.

The historical rank and industry rank for Charter Hall Long WALE REIT's PB Ratio or its related term are showing as below:

ASX:CLW' s PB Ratio Range Over the Past 10 Years
Min: 0.55 Med: 1.03 Max: 1.45
Current: 0.68

During the past 7 years, Charter Hall Long WALE REIT's highest PB Ratio was 1.45. The lowest was 0.55. And the median was 1.03.

ASX:CLW's PB Ratio is ranked better than
68.75% of 848 companies
in the REITs industry
Industry Median: 0.84 vs ASX:CLW: 0.68

During the past 12 months, Charter Hall Long WALE REIT's average Book Value Per Share Growth Rate was -17.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Charter Hall Long WALE REIT was 15.10% per year. The lowest was 4.90% per year. And the median was 8.70% per year.

Back to Basics: PB Ratio

Charter Hall Long WALE REIT PB Ratio Historical Data

The historical data trend for Charter Hall Long WALE REIT's PB Ratio 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.

Charter Hall Long WALE REIT PB Ratio Chart

Charter Hall Long WALE REIT Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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1.22

0.96

0.91

0.69

0.71

Charter Hall Long WALE REIT Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial										0.86	0.69	0.71	0.71	0.73

Competitive Comparison of Charter Hall Long WALE REIT's PB Ratio

For the REIT - Diversified subindustry, Charter Hall Long WALE REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Charter Hall Long WALE REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Charter Hall Long WALE REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Charter Hall Long WALE REIT's PB Ratio falls into.

Charter Hall Long WALE REIT PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Charter Hall Long WALE REIT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	3.52	/	5.145
	=	0.68

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Charter Hall Long WALE REIT (ASX:CLW) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Charter Hall Long WALE REIT PB Ratio Related Terms

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Charter Hall Long WALE REIT (ASX:CLW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Long WALE REIT (ASX:CLW) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CHLWF:USA

Address

No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000

Website

https://www.charterhall.com.au

Charter Hall Long Wale REIT is a diversified property trust, with assets in Australia and New Zealand. Occupancy is near 100%, and weighted average lease length is a long 11.2 years (as at June 30, 2023). More than half the REIT's leases are triple-net, where tenants pay rates, maintenance and most outgoings. The REIT's about AUD 7 billion portfolio of 550 properties spans offices, industrial, retail, social infrastructure, and agricultural logistics assets, with about 79% of the portfolio on Australia's eastern seaboard. Leases are evenly spread between CPI-linked (7.2% average rent increase expected in 2023) and fixed uplifts (average 3.1% uplift expected). The tenant profile is strong, with almost all occupiers being government, multinational or national businesses.