Mori Hills Reit Investment (TSE:3234) Price-to-Tangible-Book : 1.50 (As of May. 11, 2024)

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What is Mori Hills Reit Investment Price-to-Tangible-Book?

As of today (2024-05-11), Mori Hills Reit Investment's share price is 円136200.00. Mori Hills Reit Investment's Tangible Book per Share of Jul. 2023 for the quarter that ended in Jul. 2023 was 円90,874.76. Hence, Mori Hills Reit Investment's Price to Tangible Book Ratio of today is 1.50.

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

TSE:3234' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5 Med: 1.76 Max: 2.16
Current: 1.5

During the past 13 years, Mori Hills Reit Investment's highest Price to Tangible Book Ratio was 2.16. The lowest was 1.50. And the median was 1.76.

TSE:3234's Price-to-Tangible-Book is ranked worse than
86.14% of 837 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3234: 1.50

A closely related ratio is called PB Ratio. As of today, Mori Hills Reit Investment's share price is 円136200.00. Mori Hills Reit Investment's Book Value per Sharefor the quarter that ended in Jul. 2023 was 円106,869.77. Hence, Mori Hills Reit Investment's P/B Ratio of today is 1.27.

Mori Hills Reit Investment Price-to-Tangible-Book Historical Data

The historical data trend for Mori Hills Reit Investment'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.

Mori Hills Reit Investment Price-to-Tangible-Book Chart

Mori Hills Reit Investment Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.83

1.56

1.81

1.70

1.59

Mori Hills Reit Investment Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.58	1.70	1.62	1.59	-

Competitive Comparison of Mori Hills Reit Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Mori Hills Reit Investment'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.

Mori Hills Reit Investment's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Mori Hills Reit Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mori Hills Reit Investment's Price-to-Tangible-Book falls into.

Mori Hills Reit Investment Price-to-Tangible-Book Calculation

Mori Hills Reit Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jul. 2023 )
	=	136200.00	/	90874.76
	=	1.50

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.

Mori Hills Reit Investment Price-to-Tangible-Book Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Hills Reit Investment Corp (TSE:3234) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN

Website

http://www.mori-hills-reit.co.jp

Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

Mori Hills Reit Investment (TSE:3234) Headlines

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