Orix Jreit (TSE:8954) Price-to-Tangible-Book : 1.34 (As of May. 12, 2024)

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What is Orix Jreit Price-to-Tangible-Book?

As of today (2024-05-12), Orix Jreit's share price is 円166400.00. Orix Jreit's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was 円124,522.46. Hence, Orix Jreit's Price to Tangible Book Ratio of today is 1.34.

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

TSE:8954' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25 Med: 1.42 Max: 1.8
Current: 1.34

During the past 13 years, Orix Jreit's highest Price to Tangible Book Ratio was 1.80. The lowest was 1.25. And the median was 1.42.

TSE:8954's Price-to-Tangible-Book is ranked worse than
82.56% of 837 companies
in the REITs industry
Industry Median: 0.84 vs TSE:8954: 1.34

A closely related ratio is called PB Ratio. As of today, Orix Jreit's share price is 円166400.00. Orix Jreit's Book Value per Sharefor the quarter that ended in Aug. 2023 was 円126,041.30. Hence, Orix Jreit's P/B Ratio of today is 1.32.

Orix Jreit Price-to-Tangible-Book Historical Data

The historical data trend for Orix Jreit'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.

Orix Jreit Price-to-Tangible-Book Chart

Orix Jreit Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.80

1.26

1.57

1.53

1.45

Orix Jreit Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.29	1.53	1.45	1.45	-

Competitive Comparison of Orix Jreit's Price-to-Tangible-Book

For the REIT - Office subindustry, Orix Jreit'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.

Orix Jreit's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Orix Jreit Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	166400.00	/	124522.464
	=	1.34

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.

Orix Jreit Price-to-Tangible-Book Related Terms

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

Orix Jreit (TSE:8954) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orix Jreit Inc (TSE:8954) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1, Hamamatsucho 2-chome, Minato-ku, Tokyo, JPN, 105-6135

Website

http://www.orixjreit.com

Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the largest geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants. Finance and real estate, transportation, and retail companies are Orix JREIT's major customers.

Orix Jreit (TSE:8954) Headlines

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