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American Assets Trust (American Assets Trust) Price-to-Tangible-Book : 1.10 (As of Apr. 28, 2024)


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What is American Assets Trust Price-to-Tangible-Book?

As of today (2024-04-28), American Assets Trust's share price is $21.23. American Assets Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.33. Hence, American Assets Trust's Price to Tangible Book Ratio of today is 1.10.

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

AAT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.1   Med: 2.17   Max: 2.47
Current: 1.1

During the past 13 years, American Assets Trust's highest Price to Tangible Book Ratio was 2.47. The lowest was 1.10. And the median was 2.17.

AAT's Price-to-Tangible-Book is ranked worse than
74.2% of 841 companies
in the REITs industry
Industry Median: 0.83 vs AAT: 1.10

A closely related ratio is called PB Ratio. As of today, American Assets Trust's share price is $21.23. American Assets Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.67. Hence, American Assets Trust's P/B Ratio of today is 1.08.


American Assets Trust Price-to-Tangible-Book Historical Data

The historical data trend for American Assets Trust'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.

American Assets Trust Price-to-Tangible-Book Chart

American Assets Trust Annual Data
Trend Dec14 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 2.15 1.41 1.88 1.35 1.16

American Assets Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 1.35 0.91 0.94 0.96 1.16

Competitive Comparison of American Assets Trust's Price-to-Tangible-Book

For the REIT - Diversified subindustry, American Assets Trust'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.


American Assets Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where American Assets Trust's Price-to-Tangible-Book falls into.



American Assets Trust Price-to-Tangible-Book Calculation

American Assets Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=21.23/19.334
=1.10

* 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.


American Assets Trust Price-to-Tangible-Book Related Terms

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


American Assets Trust (American Assets Trust) Business Description

Traded in Other Exchanges
N/A
Address
3420 Carmel Mountain Road, Suite 100, San Diego, CA, USA, 92121
American Assets Trust Inc is a self-administered real estate investment trust based in the United States. The company invests in, operates, and develops retail, office, residential, and mixed-use properties. Properties are primarily located in South California, Northern California, Oregon, Washington, and Hawaii. American Assets operates through four segments based on property type: retail; office; mixed-use, which consists of retail and hotel components; and multifamily, which includes the company's apartment properties. The retail and office segments collectively contribute the majority of the total revenue.
Executives
Ernest S Rady director, 10 percent owner, officer: Executive Chairman 23 PASTEUR ROAD, C/O WESTCORP, IRVINE CA 92618
Nina A Tran director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Adam Wyll officer: Senior VP, Gen Counsel and Sec 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Robert F. Barton officer: Executive Vice President & CFO 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Joy L. Schaefer director 30699 RUSSELL RANCH ROAD, SUITE 295, WESTLAKE VILLAGE CA 91362
Duane Nelles director 23 PASTEUR ROAD, IRVINE CA 92618
Jerry Gammieri officer: V. P. Construction and Devlp 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
Patrick Kinney officer: Senior VP of Real Estate Ops 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
John W. Chamberlain director, officer: CEO and President 11455 EL CAMINO REAL, SUITE 200, SAN DIEGO CA 92130
American Assets Inc 10 percent owner 3430 CARMEL MOUNTAIN ROAD, SUITE 150, SAN DIEGO CA 92121
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Larry E Finger director 1626 EAST JEFFERSON ST, ROCKVILLE MD 20852
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Robert S Sullivan director P O BOX 1637, HOUSTON TX 77251
Lange Edward F Jr director 405 PARK AVENUE, NEW YORK NY 10022