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Highlands REIT (Highlands REIT) Price-to-Tangible-Book : 0.38 (As of May. 16, 2024)


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

As of today (2024-05-16), Highlands REIT's share price is $0.1119. Highlands REIT's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.29. Hence, Highlands REIT's Price to Tangible Book Ratio of today is 0.38.

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

HHDS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.03   Med: 0.44   Max: 2.3
Current: 0.39

During the past 10 years, Highlands REIT's highest Price to Tangible Book Ratio was 2.30. The lowest was 0.03. And the median was 0.44.

HHDS's Price-to-Tangible-Book is ranked better than
91.18% of 839 companies
in the REITs industry
Industry Median: 0.83 vs HHDS: 0.39

A closely related ratio is called PB Ratio. As of today, Highlands REIT's share price is $0.1119. Highlands REIT's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.29. Hence, Highlands REIT's P/B Ratio of today is 0.38.


Highlands REIT Price-to-Tangible-Book Historical Data

The historical data trend for Highlands 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.

Highlands REIT Price-to-Tangible-Book Chart

Highlands REIT 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 - - 0.47 0.18 0.06

Highlands REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 0.41 0.06 0.06 0.20

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

For the REIT - Diversified subindustry, Highlands 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.


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

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

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



Highlands REIT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.1119/0.291
=0.38

* 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.


Highlands REIT Price-to-Tangible-Book Related Terms

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


Highlands REIT (Highlands REIT) Business Description

Traded in Other Exchanges
N/A
Address
1 South Dearborn Street, 20th Floor, Chicago, IL, USA, 60603
Highlands REIT Inc is an independent, self-advised, non-traded real estate investment trust. The company's portfolio consists of office, industrial, retail and apartment assets, correctional facility, and unimproved land. Its business activities are operated through two business segments namely Multi-family and other. The company generates maximum revenue from the Multi-family segment.
Executives
Kimberly A Karas officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Jeffrey L. Shekell director 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Robert J. Lange officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Paul A. Melkus director 332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604
R. David Turner director 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Inventrust Properties Corp. 10 percent owner 3025 HIGHLAND PARKWAY SUITE 350, DOWNERS GROVE IL 60515
Richard Vance director, officer: See Remarks 1 SOUTH DEARBORN STREET, 20TH FLOOR, CHICAGO IL 60603
Joseph M. Giannini officer: See Remarks 332 S MICHIGAN AVENUE, NINTH FLOOR, CHICAGO IL 60604

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