GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tritax Big Box REIT PLC (LSE:BBOX) » Definitions » Price-to-Tangible-Book

Tritax Big Box REIT (LSE:BBOX) Price-to-Tangible-Book : 0.89 (As of May. 27, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Tritax Big Box REIT Price-to-Tangible-Book?

As of today (2024-05-27), Tritax Big Box REIT's share price is £1.554. Tritax Big Box REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £1.75. Hence, Tritax Big Box REIT's Price to Tangible Book Ratio of today is 0.89.

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

LSE:BBOX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77   Med: 0.99   Max: 1.14
Current: 0.89

During the past 10 years, Tritax Big Box REIT's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.77. And the median was 0.99.

LSE:BBOX's Price-to-Tangible-Book is ranked worse than
55.82% of 842 companies
in the REITs industry
Industry Median: 0.83 vs LSE:BBOX: 0.89

A closely related ratio is called PB Ratio. As of today, Tritax Big Box REIT's share price is £1.554. Tritax Big Box REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.75. Hence, Tritax Big Box REIT's P/B Ratio of today is 0.89.


Tritax Big Box REIT Price-to-Tangible-Book Historical Data

The historical data trend for Tritax Big Box 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.

Tritax Big Box REIT Price-to-Tangible-Book Chart

Tritax Big Box REIT Annual Data
Trend Feb13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 1.14 0.77 0.96

Tritax Big Box REIT Semi-Annual Data
Feb13 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 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 1.14 0.76 0.77 0.69 0.96

Competitive Comparison of Tritax Big Box REIT's Price-to-Tangible-Book

For the REIT - Industrial subindustry, Tritax Big Box 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.


Tritax Big Box REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Tritax Big Box REIT Price-to-Tangible-Book Calculation

Tritax Big Box 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 )
=1.554/1.751
=0.89

* 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.


Tritax Big Box REIT Price-to-Tangible-Book Related Terms

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


Tritax Big Box REIT (LSE:BBOX) Business Description

Traded in Other Exchanges
Address
6 Duke Street, 3rd Floor, St. James's, London, GBR, SW1Y 6BN
Tritax Big Box REIT PLC is a UK based real estate investment trust. With the focus on the acquisition and management of large-scale logistics real estate Tritax operates in the Investment Property segment. It owns and operates big boxes stores which also serves as the breakdown point for bulk palleted deliveries and are often port-centric in their location focus. The customers it caters operate in the business of retail, logistics, consumer products and automotive.

Tritax Big Box REIT (LSE:BBOX) Headlines

No Headlines