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EQR (Equity Residential) Price-to-Tangible-Book : 2.43 (As of Oct. 31, 2024)


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What is Equity Residential Price-to-Tangible-Book?

As of today (2024-10-31), Equity Residential's share price is $70.37. Equity Residential's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $28.91. Hence, Equity Residential's Price to Tangible Book Ratio of today is 2.43.

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

EQR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82   Med: 2.37   Max: 3.16
Current: 2.43

During the past 13 years, Equity Residential's highest Price to Tangible Book Ratio was 3.16. The lowest was 1.82. And the median was 2.37.

EQR's Price-to-Tangible-Book is ranked worse than
94.08% of 895 companies
in the REITs industry
Industry Median: 0.84 vs EQR: 2.43

A closely related ratio is called PB Ratio. As of today, Equity Residential's share price is $70.37. Equity Residential's Book Value per Sharefor the quarter that ended in Jun. 2024 was $28.91. Hence, Equity Residential's P/B Ratio of today is 2.43.


Equity Residential Price-to-Tangible-Book Historical Data

The historical data trend for Equity Residential'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.

Equity Residential Price-to-Tangible-Book Chart

Equity Residential Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 2.10 3.11 2.00 2.10

Equity Residential Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.02 2.10 2.16 2.40 -

Competitive Comparison of Equity Residential's Price-to-Tangible-Book

For the REIT - Residential subindustry, Equity Residential'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.


Equity Residential's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Equity Residential Price-to-Tangible-Book Calculation

Equity Residential's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=70.37/28.908
=2.43

* 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.


Equity Residential Price-to-Tangible-Book Related Terms

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


Equity Residential Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Chicago, IL, USA, 60606
Equity Residential owns a portfolio of 299 apartment communities with around 80,000 units and is developing three additional properties with 977 units. The company focuses on owning large, high-quality properties in the urban and suburban submarkets of Southern California, San Francisco, Washington, D.C., New York, Seattle, and Boston.
Executives
Catherine Carraway officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 500, CHICAGO IL 60606
Alexander Brackenridge officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Scott Fenster officer: EVP & General Counsel TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Ian Kaufman officer: Chief Accounting Officer C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Michael L Manelis officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Robert Garechana officer: EVP & Chief Financial Officer TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Linda Bynoe director 980 N. MICHIGAN AVE, SUITE 1400, CHICAGO IL 60611
Mary Kay Haben director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
David J Neithercut director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Christa L Sorenson officer: Executive Vice President TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Angela M Aman director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045
Bradley A Keywell director
John E Neal director 2020 CALAMOS COURT, NAPERVILLE X1 60563