As of today (2024-04-23), CBL & Associates Properties's share price is $21.95. CBL & Associates Properties's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.44. Hence, CBL & Associates Properties's Price to Tangible Book Ratio of today is 4.94.
The historical rank and industry rank for CBL & Associates Properties's Price-to-Tangible-Book or its related term are showing as below:
CBL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.91 Med: 7.13 Max: 8.76
Current: 4.94
During the past 5 years, CBL & Associates Properties's highest Price to Tangible Book Ratio was 8.76. The lowest was 4.91. And the median was 7.13.
CBL's Price-to-Tangible-Book is ranked worse than 98.11% of 846
companies
in the REITs industry
Industry Median: 0.84
vs CBL: 4.94
A closely related ratio is called PB Ratio. As of today, CBL & Associates Properties's share price is $21.95. CBL & Associates Properties's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.61. Hence, CBL & Associates Properties's P/B Ratio of today is 2.07.
CBL & Associates Properties Price-to-Tangible-Book Historical Data
The historical data trend for CBL & Associates Properties'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.
CBL & Associates Properties Annual Data
Trend
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
-
-
-
8.76
5.50
CBL & Associates Properties Quarterly Data
Dec19
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
8.76
8.12
7.41
5.65
5.50
Competitive Comparison
For the REIT - Retail subindustry, CBL & Associates Properties'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.
CBL & Associates Properties Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, CBL & Associates Properties's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where CBL & Associates Properties's Price-to-Tangible-Book falls into.
* 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.
CBL & Associates Properties Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of CBL & Associates Properties's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
CBL & Associates Properties (CBL & Associates Properties) Business Description
CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. . CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
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