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Deutsche Real Estate AG (FRA:DRE2) Price-to-Tangible-Book : 0.37 (As of May. 11, 2024)


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What is Deutsche Real Estate AG Price-to-Tangible-Book?

As of today (2024-05-11), Deutsche Real Estate AG's share price is €7.20. Deutsche Real Estate AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €19.22. Hence, Deutsche Real Estate AG's Price to Tangible Book Ratio of today is 0.37.

The historical rank and industry rank for Deutsche Real Estate AG's Price-to-Tangible-Book or its related term are showing as below:

FRA:DRE2' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 0.42   Max: 0.65
Current: 0.37

During the past 13 years, Deutsche Real Estate AG's highest Price to Tangible Book Ratio was 0.65. The lowest was 0.25. And the median was 0.42.

FRA:DRE2's Price-to-Tangible-Book is ranked better than
80.19% of 1721 companies
in the Real Estate industry
Industry Median: 0.83 vs FRA:DRE2: 0.37

A closely related ratio is called PB Ratio. As of today, Deutsche Real Estate AG's share price is €7.20. Deutsche Real Estate AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €19.22. Hence, Deutsche Real Estate AG's P/B Ratio of today is 0.37.


Deutsche Real Estate AG Price-to-Tangible-Book Historical Data

The historical data trend for Deutsche Real Estate AG'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.

Deutsche Real Estate AG Price-to-Tangible-Book Chart

Deutsche Real Estate AG 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 0.58 0.43 0.65 0.50 0.48

Deutsche Real Estate AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.65 0.55 0.50 0.50 0.48

Competitive Comparison of Deutsche Real Estate AG's Price-to-Tangible-Book

For the Real Estate Services subindustry, Deutsche Real Estate AG'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.


Deutsche Real Estate AG's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Deutsche Real Estate AG's Price-to-Tangible-Book falls into.



Deutsche Real Estate AG Price-to-Tangible-Book Calculation

Deutsche Real Estate AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.20/19.216
=0.37

* 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.


Deutsche Real Estate AG Price-to-Tangible-Book Related Terms

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


Deutsche Real Estate AG (FRA:DRE2) Business Description

Traded in Other Exchanges
Address
Oudenarder Street 16, Berlin, DEU, 13347
Deutsche Real Estate AG is engaged in investing in building a portfolio with focus on office, logistics and retail properties in the growth regions of Germany.

Deutsche Real Estate AG (FRA:DRE2) Headlines

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