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Paragon REIT (SGX:SK6U) Price-to-Tangible-Book : 0.83 (As of May. 10, 2024)


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What is Paragon REIT Price-to-Tangible-Book?

As of today (2024-05-10), Paragon REIT's share price is S$0.845. Paragon REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$1.02. Hence, Paragon REIT's Price to Tangible Book Ratio of today is 0.83.

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

SGX:SK6U' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 1.02   Max: 1.15
Current: 0.83

During the past 10 years, Paragon REIT's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.82. And the median was 1.02.

SGX:SK6U's Price-to-Tangible-Book is ranked better than
51.85% of 837 companies
in the REITs industry
Industry Median: 0.84 vs SGX:SK6U: 0.83

A closely related ratio is called PB Ratio. As of today, Paragon REIT's share price is S$0.845. Paragon REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$1.02. Hence, Paragon REIT's P/B Ratio of today is 0.83.


Paragon REIT Price-to-Tangible-Book Historical Data

The historical data trend for Paragon REIT'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.

Paragon REIT Price-to-Tangible-Book Chart

Paragon REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.86 0.89 - 0.87

Paragon REIT Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 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 0.89 0.93 - 0.95 0.87

Competitive Comparison of Paragon REIT's Price-to-Tangible-Book

For the REIT - Retail subindustry, Paragon REIT'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.


Paragon REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Paragon REIT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.845/1.016
=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.


Paragon REIT Price-to-Tangible-Book Related Terms

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


Paragon REIT (SGX:SK6U) Business Description

Industry
Traded in Other Exchanges
N/A
Address
79 Robinson Road, CapitaSky, Bridge+, Singapore, SGP, 068897
Paragon REIT is a real estate investment trust which focuses on retail properties in Singapore and other Asia Pacific regions. The trust primarily comprises upscale retail malls and shopping centres.

Paragon REIT (SGX:SK6U) Headlines

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