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TAG Immobilien AG (STU:TEG) Price-to-Tangible-Book : 0.97 (As of May. 19, 2024)


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What is TAG Immobilien AG Price-to-Tangible-Book?

As of today (2024-05-19), TAG Immobilien AG's share price is €14.69. TAG Immobilien AG's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €15.14. Hence, TAG Immobilien AG's Price to Tangible Book Ratio of today is 0.97.

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

STU:TEG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 1.33   Max: 1.69
Current: 0.97

During the past 13 years, TAG Immobilien AG's highest Price to Tangible Book Ratio was 1.69. The lowest was 0.36. And the median was 1.33.

STU:TEG's Price-to-Tangible-Book is ranked worse than
56.26% of 1724 companies
in the Real Estate industry
Industry Median: 0.85 vs STU:TEG: 0.97

A closely related ratio is called PB Ratio. As of today, TAG Immobilien AG's share price is €14.69. TAG Immobilien AG's Book Value per Sharefor the quarter that ended in Mar. 2024 was €16.78. Hence, TAG Immobilien AG's P/B Ratio of today is 0.88.


TAG Immobilien AG Price-to-Tangible-Book Historical Data

The historical data trend for TAG Immobilien 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.

TAG Immobilien AG Price-to-Tangible-Book Chart

TAG Immobilien 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 1.39 1.46 1.19 0.36 0.89

TAG Immobilien AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 0.37 0.57 0.65 0.89 0.84

Competitive Comparison of TAG Immobilien AG's Price-to-Tangible-Book

For the Real Estate Services subindustry, TAG Immobilien 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.


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

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

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



TAG Immobilien AG Price-to-Tangible-Book Calculation

TAG Immobilien AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=14.69/15.142
=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.


TAG Immobilien AG Price-to-Tangible-Book Related Terms

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TAG Immobilien AG (STU:TEG) Business Description

Traded in Other Exchanges
Address
Steckelhorn 5, Hamburg, DEU, 20457
TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (STU:TEG) Headlines

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