Apartment Investment & Management Co (FRA:AIV) Price-to-Tangible-Book : 3.47 (As of May. 05, 2024)

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What is Apartment Investment & Management Co Price-to-Tangible-Book?

As of today (2024-05-05), Apartment Investment & Management Co's share price is €7.60. Apartment Investment & Management Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.19. Hence, Apartment Investment & Management Co's Price to Tangible Book Ratio of today is 3.47.

The historical rank and industry rank for Apartment Investment & Management Co's Price-to-Tangible-Book or its related term are showing as below:

FRA:AIV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.6 Med: 2.14 Max: 3.43
Current: 3.42

During the past 6 years, Apartment Investment & Management Co's highest Price to Tangible Book Ratio was 3.43. The lowest was 1.60. And the median was 2.14.

FRA:AIV's Price-to-Tangible-Book is ranked worse than
97.62% of 839 companies
in the REITs industry
Industry Median: 0.84 vs FRA:AIV: 3.42

A closely related ratio is called PB Ratio. As of today, Apartment Investment & Management Co's share price is €7.60. Apartment Investment & Management Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was €2.28. Hence, Apartment Investment & Management Co's P/B Ratio of today is 3.33.

Apartment Investment & Management Co Price-to-Tangible-Book Historical Data

The historical data trend for Apartment Investment & Management Co'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.

Apartment Investment & Management Co Price-to-Tangible-Book Chart

Apartment Investment & Management Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.49

2.31

1.94

3.26

Apartment Investment & Management Co Quarterly Data
	Dec18	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													1.94	2.12	2.37	1.96	3.26

Competitive Comparison of Apartment Investment & Management Co's Price-to-Tangible-Book

For the REIT - Residential subindustry, Apartment Investment & Management Co'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.

Apartment Investment & Management Co's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Apartment Investment & Management Co's Price-to-Tangible-Book falls into.

Apartment Investment & Management Co Price-to-Tangible-Book Calculation

Apartment Investment & Management Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.60	/	2.193
	=	3.47

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.

Apartment Investment & Management Co Price-to-Tangible-Book Related Terms

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

Apartment Investment & Management Co (FRA:AIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apartment Investment & Management Co (FRA:AIV) » Definitions » Price-to-Tangible-Book

Comparable Companies

UMH CSR NXRT ELME VRE BRT FREVS CLPR BHM IRT AVB EQR INVH SUI MAA ESS ELS AMH UDR CPT

Traded in Other Exchanges

AIV:USA

Address

4582 South Ulster Street, Suite 1450, Denver, CO, USA, 80237

Website

https://www.aimco.com

Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development and Redevelopment; Operating, and Other. The company generates majority of revenue from operating segment.