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True North Commercial REIT (TSX:TNT.UN) ROE % Adjusted to Book Value : 14.65% (As of Mar. 2024)


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What is True North Commercial REIT ROE % Adjusted to Book Value?

True North Commercial REIT's ROE % for the quarter that ended in Mar. 2024 was 4.54%. True North Commercial REIT's PB Ratio for the quarter that ended in Mar. 2024 was 0.31. True North Commercial REIT's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was 14.65%.


True North Commercial REIT ROE % Adjusted to Book Value Historical Data

The historical data trend for True North Commercial REIT's ROE % Adjusted to Book Value 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.

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True North Commercial REIT ROE % Adjusted to Book Value Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 7.26 7.85 3.05 -23.80

True North Commercial REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value 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 8.66 1.42 -82.81 -14.80 14.65

Competitive Comparison of True North Commercial REIT's ROE % Adjusted to Book Value

For the REIT - Office subindustry, True North Commercial REIT's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


True North Commercial REIT's ROE % Adjusted to Book Value Distribution in the REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's ROE % Adjusted to Book Value falls into.



True North Commercial REIT ROE % Adjusted to Book Value Calculation

True North Commercial REIT's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-8.33% / 0.35
=-23.80%

True North Commercial REIT's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=4.54% / 0.31
=14.65%

* 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.


True North Commercial REIT ROE % Adjusted to Book Value Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

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