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Charter Hall Retail REIT (ASX:CQR) PB Ratio : 0.74 (As of May. 13, 2024)


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What is Charter Hall Retail 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 (2024-05-13), Charter Hall Retail REIT's share price is A$3.35. Charter Hall Retail REIT's Book Value per Share for the quarter that ended in Dec. 2023 was A$4.54. Hence, Charter Hall Retail REIT's PB Ratio of today is 0.74.

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

ASX:CQR' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.06   Max: 1.36
Current: 0.74

During the past 13 years, Charter Hall Retail REIT's highest PB Ratio was 1.36. The lowest was 0.65. And the median was 1.06.

ASX:CQR's PB Ratio is ranked better than
61.41% of 850 companies
in the REITs industry
Industry Median: 0.835 vs ASX:CQR: 0.74

During the past 12 months, Charter Hall Retail REIT's average Book Value Per Share Growth Rate was -9.50% 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 3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Charter Hall Retail REIT was 15.80% per year. The lowest was -28.30% per year. And the median was 4.50% per year.

Back to Basics: PB Ratio


Charter Hall Retail REIT PB Ratio Historical Data

The historical data trend for Charter Hall Retail 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 Retail REIT PB Ratio Chart

Charter Hall Retail REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.89 0.95 0.77 0.76

Charter Hall Retail REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio 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 0.94 0.77 0.76 0.76 0.80

Competitive Comparison of Charter Hall Retail REIT's PB Ratio

For the REIT - Retail subindustry, Charter Hall Retail 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 Retail REIT's PB Ratio Distribution in the REITs Industry

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

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



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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.35/4.538
=0.74

* 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 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 Retail REIT  (ASX:CQR) 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 Retail REIT PB Ratio Related Terms

Thank you for viewing the detailed overview of Charter Hall Retail REIT's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Charter Hall Retail REIT (ASX:CQR) Business Description

Traded in Other Exchanges
Address
No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000
Charter Hall Retail Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighbourhood and subregional shopping centres, service stations, and some retail logistics properties. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 80% of supermarket tenants at or near thresholds for paying turnover-linked rent.

Charter Hall Retail REIT (ASX:CQR) Headlines

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