Growthpoint Properties (Growthpoint Properties) Price-to-Tangible-Book : 0.55 (As of May. 19, 2024)

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What is Growthpoint Properties Price-to-Tangible-Book?

As of today (2024-05-19), Growthpoint Properties's share price is $0.6025. Growthpoint Properties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.09. Hence, Growthpoint Properties's Price to Tangible Book Ratio of today is 0.55.

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

GWWTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 0.95 Max: 1.22
Current: 0.54

During the past 13 years, Growthpoint Properties's highest Price to Tangible Book Ratio was 1.22. The lowest was 0.54. And the median was 0.95.

GWWTF's Price-to-Tangible-Book is ranked better than
82.96% of 839 companies
in the REITs industry
Industry Median: 0.83 vs GWWTF: 0.54

A closely related ratio is called PB Ratio. As of today, Growthpoint Properties's share price is $0.6025. Growthpoint Properties's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.10. Hence, Growthpoint Properties's P/B Ratio of today is 0.55.

Growthpoint Properties Price-to-Tangible-Book Historical Data

The historical data trend for Growthpoint Properties'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.

Growthpoint Properties Price-to-Tangible-Book Chart

Growthpoint Properties Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.97

1.14

0.60

0.74

0.71

Growthpoint Properties 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															0.66	0.74	0.81	0.71	0.73

Competitive Comparison of Growthpoint Properties's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Growthpoint Properties'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.

Growthpoint Properties's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Growthpoint Properties Price-to-Tangible-Book Calculation

Growthpoint Properties's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.6025	/	1.089
	=	0.55

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.

Growthpoint Properties Price-to-Tangible-Book Related Terms

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

Growthpoint Properties (Growthpoint Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Ltd (OTCPK:GWWTF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GRT:South Africa

Address

The Place, 1 Sandton Drive, PO Box 78949, Sandton, GT, ZAF, 2196

Website

https://www.growthpoint.co.za

Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.