AME REIT (XKLS:5307) Price-to-Tangible-Book : 1.32 (As of May. 24, 2024)

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What is AME REIT Price-to-Tangible-Book?

As of today (2024-05-24), AME REIT's share price is RM1.42. AME REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM1.07. Hence, AME REIT's Price to Tangible Book Ratio of today is 1.32.

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

XKLS:5307' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1 Med: 1.17 Max: 1.36
Current: 1.33

During the past 4 years, AME REIT's highest Price to Tangible Book Ratio was 1.36. The lowest was 1.10. And the median was 1.17.

XKLS:5307's Price-to-Tangible-Book is ranked worse than
82.84% of 839 companies
in the REITs industry
Industry Median: 0.82 vs XKLS:5307: 1.33

A closely related ratio is called PB Ratio. As of today, AME REIT's share price is RM1.42. AME REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM1.07. Hence, AME REIT's P/B Ratio of today is 1.32.

AME REIT Price-to-Tangible-Book Historical Data

The historical data trend for AME 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.

AME REIT Price-to-Tangible-Book Chart

AME REIT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.10

AME REIT Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				1.16	1.10	1.12	1.18	1.21

Competitive Comparison of AME REIT's Price-to-Tangible-Book

For the REIT - Industrial subindustry, AME 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.

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

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

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

AME REIT Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.42	/	1.073
	=	1.32

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.

AME REIT Price-to-Tangible-Book Related Terms

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

AME REIT (XKLS:5307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AME REIT (XKLS:5307) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan I-Park SAC 1/1, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400

Website

https://www.amereit.com.my

AME REIT is engaged in investing directly and indirectly in a Shariah compliant portfolio of income income producing Real Estate used primarily for industrial and industrial-related purposes in Malaysia and overseas. The company's portfolio consists of 34 subject properties with 31 industrial properties and around 3 industrial related properties known as Dormitories which are freehold properties.

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