GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mori Trust Reit Inc (OTCPK:MRGIF) » Definitions » Price-to-Tangible-Book

Mori Trust Reit (Mori Trust Reit) Price-to-Tangible-Book : 2.17 (As of Apr. 27, 2024)


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

What is Mori Trust Reit Price-to-Tangible-Book?

As of today (2024-04-27), Mori Trust Reit's share price is $914.45. Mori Trust Reit's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $420.52. Hence, Mori Trust Reit's Price to Tangible Book Ratio of today is 2.17.

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

MRGIF's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Mori Trust Reit's share price is $914.45. Mori Trust Reit's Book Value per Sharefor the quarter that ended in Sep. 2022 was $420.52. Hence, Mori Trust Reit's P/B Ratio of today is 2.17.


Mori Trust Reit Price-to-Tangible-Book Historical Data

The historical data trend for Mori Trust 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.

Mori Trust Reit Price-to-Tangible-Book Chart

Mori Trust Reit Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.62 1.59 1.66 2.17

Mori Trust Reit Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Feb24
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 1.64 1.66 1.79 2.17 -

Competitive Comparison of Mori Trust Reit's Price-to-Tangible-Book

For the REIT - Office subindustry, Mori Trust 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.


Mori Trust Reit's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Mori Trust Reit Price-to-Tangible-Book Calculation

Mori Trust Reit's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=914.45/420.523
=2.17

* 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.


Mori Trust Reit Price-to-Tangible-Book Related Terms

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


Mori Trust Reit (Mori Trust Reit) Business Description

Traded in Other Exchanges
Address
3-1 Toranomon 4-chome, Minato-ku, Tokyo, JPN
Mori Trust Reit Inc is a real estate investment trust company. Its objective is to achieve sustainable growth and stable earnings from mid- to long-term perspectives. It invests in office buildings, commercial facilities, housings, and hotels. The company owns more than 10 properties in and around Central Tokyo and others. The company generates its revenue from its leasing business.

Mori Trust Reit (Mori Trust Reit) Headlines

No Headlines