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Hoshino Resorts REIT (TSE:3287) Price-to-Tangible-Book : 1.22 (As of May. 11, 2024)


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What is Hoshino Resorts REIT Price-to-Tangible-Book?

As of today (2024-05-11), Hoshino Resorts REIT's share price is 円561000.00. Hoshino Resorts REIT's Tangible Book per Share of Apr. 2023 for the quarter that ended in Apr. 2023 was 円460,826.44. Hence, Hoshino Resorts REIT's Price to Tangible Book Ratio of today is 1.22.

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

TSE:3287' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55   Med: 1.4   Max: 2.24
Current: 1.22

During the past 10 years, Hoshino Resorts REIT's highest Price to Tangible Book Ratio was 2.24. The lowest was 0.55. And the median was 1.40.

TSE:3287's Price-to-Tangible-Book is ranked worse than
78.38% of 837 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3287: 1.22

A closely related ratio is called PB Ratio. As of today, Hoshino Resorts REIT's share price is 円561000.00. Hoshino Resorts REIT's Book Value per Sharefor the quarter that ended in Apr. 2023 was 円493,878.17. Hence, Hoshino Resorts REIT's P/B Ratio of today is 1.14.


Hoshino Resorts REIT Price-to-Tangible-Book Historical Data

The historical data trend for Hoshino Resorts 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.

Hoshino Resorts REIT Price-to-Tangible-Book Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 1.28 1.07 1.64 1.54

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 1.42 1.64 1.42 1.54 1.54

Competitive Comparison of Hoshino Resorts REIT's Price-to-Tangible-Book

For the REIT - Hotel & Motel subindustry, Hoshino Resorts 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.


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

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

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



Hoshino Resorts REIT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2023 )
=561000.00/460826.44
=1.22

* 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.


Hoshino Resorts REIT Price-to-Tangible-Book Related Terms

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


Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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