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Grainger (LSE:GRI) Price-to-Tangible-Book : 0.97 (As of May. 26, 2024)


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What is Grainger Price-to-Tangible-Book?

As of today (2024-05-26), Grainger's share price is £2.455. Grainger's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was £2.52. Hence, Grainger's Price to Tangible Book Ratio of today is 0.97.

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

LSE:GRI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 1.35   Max: 1.77
Current: 0.97

During the past 13 years, Grainger's highest Price to Tangible Book Ratio was 1.77. The lowest was 0.87. And the median was 1.35.

LSE:GRI's Price-to-Tangible-Book is ranked worse than
56.91% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs LSE:GRI: 0.97

A closely related ratio is called PB Ratio. As of today, Grainger's share price is £2.455. Grainger's Book Value per Sharefor the quarter that ended in Mar. 2024 was £2.52. Hence, Grainger's P/B Ratio of today is 0.97.


Grainger Price-to-Tangible-Book Historical Data

The historical data trend for Grainger'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.

Grainger Price-to-Tangible-Book Chart

Grainger Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.39 1.30 0.87 0.89

Grainger Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.21 0.87 0.90 0.89 1.02

Competitive Comparison of Grainger's Price-to-Tangible-Book

For the Real Estate Services subindustry, Grainger'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.


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

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

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



Grainger Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.455/2.521
=0.97

* 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.


Grainger Price-to-Tangible-Book Related Terms

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


Grainger (LSE:GRI) Business Description

Traded in Other Exchanges
Address
St James' Boulevard, Citygate, Newcastle upon Tyne, GBR, NE1 4JE
Grainger PLC owns, leases, and manages residential properties. The company derives the vast majority of its revenue through property sales and rental income. The business categorizes its operations into U.K. residential, retirement solutions, fund and third-party management, the U.K. and European development, German residential, and other. U.K. Residential represents the bulk of the group's revenue, with retirement solutions and the U.K and European development also contributing a substantial portion. The company also offers residential fund- and asset management services. The two segments for the company are PRS and Reversionary.

Grainger (LSE:GRI) Headlines

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