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CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Price-to-Tangible-Book : 0.83 (As of May. 13, 2024)


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What is CBRE Clarion Global Real Estateome Fund Price-to-Tangible-Book?

As of today (2024-05-13), CBRE Clarion Global Real Estateome Fund's share price is $5.12. CBRE Clarion Global Real Estateome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.20. Hence, CBRE Clarion Global Real Estateome Fund's Price to Tangible Book Ratio of today is 0.83.

The historical rank and industry rank for CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book or its related term are showing as below:

IGR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 0.88   Max: 0.93
Current: 0.83

During the past 7 years, CBRE Clarion Global Real Estateome Fund's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.82. And the median was 0.88.

IGR's Price-to-Tangible-Book is ranked better than
73.29% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs IGR: 0.83

A closely related ratio is called PB Ratio. As of today, CBRE Clarion Global Real Estateome Fund's share price is $5.12. CBRE Clarion Global Real Estateome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.20. Hence, CBRE Clarion Global Real Estateome Fund's P/B Ratio of today is 0.83.


CBRE Clarion Global Real Estateome Fund Price-to-Tangible-Book Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund'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.

CBRE Clarion Global Real Estateome Fund Price-to-Tangible-Book Chart

CBRE Clarion Global Real Estateome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.91 0.85 0.93 0.91 0.88

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
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 0.93 0.99 0.91 0.89 0.88

Competitive Comparison of CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, CBRE Clarion Global Real Estateome Fund'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.


CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book falls into.



CBRE Clarion Global Real Estateome Fund Price-to-Tangible-Book Calculation

CBRE Clarion Global Real Estateome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.12/6.196
=0.83

* 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.


CBRE Clarion Global Real Estateome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CBRE Clarion Global Real Estateome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 600, Radnor, PA, USA, 19087
CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.
Executives
Jonathan D Miniman other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
Joseph P Smith other: Sr. Dir of Investment Advisor 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Asuka Nakahara director 527 GREYSTONE ROAD, MERION PA 19066
T Ritson Ferguson director, officer: President & CEO, other: Pres./CEO; Managing Dir IA 201 KING OF PRUSSIA ROAD, RADNOR PA 19087
Leslie E Greis director C/O CBRE CLARION GLOBAL REAL ESTATE INCO, 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kenneth S Weinberg other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
John R Bartholdson director
Heidi Stam director 110 QUAIL STREET, WAYNE PA 19087
Tull Robert Stanley Iii officer: Secretary & CCO 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Richard L Sutton director 10 BARLEYMILL DRIVE, WILMINGTON DE 10019
Frederick S Hammer director 400 MADISON AVENUE, NEW YORK NY 10017
Jarrett B Kling director 1272 GULPH CREEK DRIVE, RADNOR PA 19087
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Steven D Burton other: Sr. Dir of Investment Advisor 423 ROUND HILL RD, ST DAVIDS PA 19087
Kenneth Campbell other: Portfolio Mgr; Managing Dir IA 1419 LANES END, VILLINOVA PA 19085