Daiwa House REIT Investment (TSE:8984) Price-to-Tangible-Book : 1.33 (As of May. 13, 2024)

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What is Daiwa House REIT Investment Price-to-Tangible-Book?

As of today (2024-05-13), Daiwa House REIT Investment's share price is 円263900.00. Daiwa House REIT Investment's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was 円198,684.31. Hence, Daiwa House REIT Investment's Price to Tangible Book Ratio of today is 1.33.

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

TSE:8984' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.33 Med: 1.57 Max: 2.06
Current: 1.33

During the past 13 years, Daiwa House REIT Investment's highest Price to Tangible Book Ratio was 2.06. The lowest was 1.33. And the median was 1.57.

TSE:8984's Price-to-Tangible-Book is ranked worse than
82.24% of 839 companies
in the REITs industry
Industry Median: 0.84 vs TSE:8984: 1.33

A closely related ratio is called PB Ratio. As of today, Daiwa House REIT Investment's share price is 円263900.00. Daiwa House REIT Investment's Book Value per Sharefor the quarter that ended in Aug. 2023 was 円223,350.69. Hence, Daiwa House REIT Investment's P/B Ratio of today is 1.18.

Daiwa House REIT Investment Price-to-Tangible-Book Historical Data

The historical data trend for Daiwa House 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.

Daiwa House REIT Investment Price-to-Tangible-Book Chart

Daiwa House REIT Investment Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.49

1.44

1.69

1.62

1.39

Daiwa House REIT Investment 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															1.57	1.62	1.42	1.39	-

Competitive Comparison of Daiwa House REIT Investment's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Daiwa House 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.

Daiwa House REIT Investment's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Daiwa House REIT Investment's Price-to-Tangible-Book falls into.

Daiwa House REIT Investment Price-to-Tangible-Book Calculation

Daiwa House REIT Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	263900.00	/	198684.308
	=	1.33

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.

Daiwa House REIT Investment Price-to-Tangible-Book Related Terms

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

Daiwa House REIT Investment (TSE:8984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Daiwa House REIT Investment Corp (TSE:8984) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-8, Nagatacho, 7th Floor, Nissei Nagatacho Building, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

https://www.daiwahouse-reit.co.jp

Daiwa House REIT Investment Corp is a diversified real estate investment trust which invests in real estate properties. Its core assets are logistics properties, residential properties, retail properties, and hotels. It invests mainly in three metropolitan areas the greater Tokyo area, the greater Nagoya area, and the greater Osaka area. The firm's portfolio consists of assets with various risk-return profiles. It generates revenue from rental activity on a straight-line accrual basis over the life of each lease contract. The company operates only in Japan.

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