As of today (2024-10-31), NNN REIT's share price is $43.44. NNN REIT's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $22.58. Hence, NNN REIT's Price to Tangible Book Ratio of today is 1.92.
The historical rank and industry rank for NNN REIT's Price-to-Tangible-Book or its related term are showing as below:
NNN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.43 Med: 2.05 Max: 2.6
Current: 1.92
During the past 13 years, NNN REIT's highest Price to Tangible Book Ratio was 2.60. The lowest was 1.43. And the median was 2.05.
NNN's Price-to-Tangible-Book is ranked worse than 91.06% of 895
companies
in the REITs industry
Industry Median: 0.84
vs NNN: 1.92
A closely related ratio is called PB Ratio. As of today, NNN REIT's share price is $43.44. NNN REIT's Book Value per Sharefor the quarter that ended in Jun. 2024 was $22.84. Hence, NNN REIT's P/B Ratio of today is 1.90.
NNN REIT Price-to-Tangible-Book Historical Data
The historical data trend for NNN 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.
Competitive Comparison of NNN REIT's Price-to-Tangible-Book
For the REIT - Retail subindustry, NNN 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.
NNN REIT's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, NNN REIT's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NNN REIT's Price-to-Tangible-Book falls into.
NNN REIT Price-to-Tangible-Book Calculation
NNN REIT's price-to-tangible-book ratio for today is calculated as:
* 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.
NNN REIT Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of NNN REIT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
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