As of today (2024-10-31), Welltower's share price is $134.88. Welltower's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $48.94. Hence, Welltower's Price to Tangible Book Ratio of today is 2.76.
The historical rank and industry rank for Welltower's Price-to-Tangible-Book or its related term are showing as below:
WELL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19 Med: 1.88 Max: 2.83
Current: 2.76
During the past 13 years, Welltower's highest Price to Tangible Book Ratio was 2.83. The lowest was 1.19. And the median was 1.88.
WELL's Price-to-Tangible-Book is ranked worse than 95.53% of 895
companies
in the REITs industry
Industry Median: 0.84
vs WELL: 2.76
A closely related ratio is called PB Ratio. As of today, Welltower's share price is $134.88. Welltower's Book Value per Sharefor the quarter that ended in Sep. 2024 was $49.05. Hence, Welltower's P/B Ratio of today is 2.75.
Welltower Price-to-Tangible-Book Historical Data
The historical data trend for Welltower'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.
Competitive Comparison of Welltower's Price-to-Tangible-Book
For the REIT - Healthcare Facilities subindustry, Welltower'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.
Welltower's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Welltower's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Welltower's Price-to-Tangible-Book falls into.
Welltower Price-to-Tangible-Book Calculation
Welltower's price-to-tangible-book ratio for today is calculated as:
* 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.
Welltower Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Welltower's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Welltower owns a diversified healthcare portfolio of 2,096 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.
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