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NTT UD Reit Investment (TSE:8956) Price-to-Tangible-Book : 1.37 (As of May. 12, 2024)


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What is NTT UD Reit Investment Price-to-Tangible-Book?

As of today (2024-05-12), NTT UD Reit Investment's share price is 円121400.00. NTT UD Reit Investment's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was 円88,670.83. Hence, NTT UD Reit Investment's Price to Tangible Book Ratio of today is 1.37.

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

TSE:8956' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.08   Med: 1.35   Max: 1.8
Current: 1.37

During the past 13 years, NTT UD Reit Investment's highest Price to Tangible Book Ratio was 1.80. The lowest was 1.08. And the median was 1.35.

TSE:8956's Price-to-Tangible-Book is ranked worse than
83.51% of 837 companies
in the REITs industry
Industry Median: 0.84 vs TSE:8956: 1.37

A closely related ratio is called PB Ratio. As of today, NTT UD Reit Investment's share price is 円121400.00. NTT UD Reit Investment's Book Value per Sharefor the quarter that ended in Oct. 2023 was 円99,375.86. Hence, NTT UD Reit Investment's P/B Ratio of today is 1.22.


NTT UD Reit Investment Price-to-Tangible-Book Historical Data

The historical data trend for NTT UD 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.

NTT UD Reit Investment Price-to-Tangible-Book Chart

NTT UD Reit Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.23 1.80 1.66 1.41

NTT UD Reit Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.80 1.69 1.66 1.48 1.41

Competitive Comparison of NTT UD Reit Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, NTT UD 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.


NTT UD Reit Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



NTT UD Reit Investment Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=121400.00/88670.833
=1.37

* 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.


NTT UD Reit Investment Price-to-Tangible-Book Related Terms

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


NTT UD Reit Investment (TSE:8956) Business Description

Traded in Other Exchanges
N/A
Address
1-5-1 Otemachi, Chiyoda-ku, Tokyo, JPN
NTT UD Reit Investment Corp is a Japan-based real estate investment trust company. It is a J-REIT managing compound portfolio of office buildings and residential properties, with NTT Urban Development serving as the sponsor.

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