Acanthe Developpement (XPAR:ACAN) Price-to-Tangible-Book : 0.52 (As of May. 22, 2024)

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What is Acanthe Developpement Price-to-Tangible-Book?

As of today (2024-05-22), Acanthe Developpement's share price is €0.42. Acanthe Developpement's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.81. Hence, Acanthe Developpement's Price to Tangible Book Ratio of today is 0.52.

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

XPAR:ACAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.48 Max: 0.77
Current: 0.52

During the past 13 years, Acanthe Developpement's highest Price to Tangible Book Ratio was 0.77. The lowest was 0.26. And the median was 0.48.

XPAR:ACAN's Price-to-Tangible-Book is ranked better than
84.15% of 839 companies
in the REITs industry
Industry Median: 0.83 vs XPAR:ACAN: 0.52

A closely related ratio is called PB Ratio. As of today, Acanthe Developpement's share price is €0.42. Acanthe Developpement's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.81. Hence, Acanthe Developpement's P/B Ratio of today is 0.52.

Acanthe Developpement Price-to-Tangible-Book Historical Data

The historical data trend for Acanthe Developpement'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.

Acanthe Developpement Price-to-Tangible-Book Chart

Acanthe Developpement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.48

0.44

0.50

0.33

0.47

Acanthe Developpement Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.50	0.40	0.33	0.35	0.47

Competitive Comparison of Acanthe Developpement's Price-to-Tangible-Book

For the REIT - Office subindustry, Acanthe Developpement'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.

Acanthe Developpement's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Acanthe Developpement Price-to-Tangible-Book Calculation

Acanthe Developpement's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.42	/	0.809
	=	0.52

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.

Acanthe Developpement Price-to-Tangible-Book Related Terms

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Acanthe Developpement (XPAR:ACAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Acanthe Developpement SA (XPAR:ACAN) » Definitions » Price-to-Tangible-Book

Comparable Companies

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ADX:Germany

Address

2, rue de Bassano, Paris, FRA, 75116

Website

http://www.acanthedeveloppement.fr

Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.