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First Industrial Realty Trust (First Industrial Realty Trust) Price-to-Tangible-Book

: 2.38 (As of Today)
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As of today (2024-04-19), First Industrial Realty Trust's share price is $46.07. First Industrial Realty Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.37. Hence, First Industrial Realty Trust's Price to Tangible Book Ratio of today is 2.38.

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

FR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.17   Med: 2.65   Max: 3.97
Current: 2.38

During the past 13 years, First Industrial Realty Trust's highest Price to Tangible Book Ratio was 3.97. The lowest was 2.17. And the median was 2.65.

FR's Price-to-Tangible-Book is ranked worse than
95.61% of 843 companies
in the REITs industry
Industry Median: 0.83 vs FR: 2.38

A closely related ratio is called PB Ratio. As of today, First Industrial Realty Trust's share price is $46.07. First Industrial Realty Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $19.37. Hence, First Industrial Realty Trust's P/B Ratio of today is 2.38.


First Industrial Realty Trust Price-to-Tangible-Book Historical Data

The historical data trend for First Industrial Realty 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.

First Industrial Realty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.99 2.86 3.97 2.59 2.72

First Industrial Realty 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 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 Premium Member Only Premium Member Only Premium Member Only 2.59 2.86 2.79 2.48 2.72

Competitive Comparison

For the REIT - Industrial subindustry, First Industrial Realty 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.


First Industrial Realty Trust Price-to-Tangible-Book Distribution

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

* The bar in red indicates where First Industrial Realty Trust's Price-to-Tangible-Book falls into.



First Industrial Realty Trust Price-to-Tangible-Book Calculation

First Industrial Realty 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 )
=46.07/19.374
=2.38

* 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.


First Industrial Realty Trust Price-to-Tangible-Book Related Terms

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


First Industrial Realty Trust (First Industrial Realty Trust) Business Description

Traded in Other Exchanges
Address
One North Wacker Drive, Suite 4200, Chicago, IL, USA, 60606
First Industrial Realty Trust is a real estate investment trust which which owns, manages, acquires, sells, develops and redevelops industrial real estate. First Industrial's real estate portfolio is primarily comprised of light industrial properties, which are split between industrial and office space, and bulk warehouse properties generally located in business parks near transportation hubs. While light industrial buildings represent the largest share of First Industrial's holdings, bulk warehouses make up most of its portfolio's square footage. The company derives the vast majority of its revenue from rental income tied to medium-term leases. First Industrial's customers include manufacturing, retail, wholesale trade, distribution, and professional services companies.
Executives
Scott A Musil officer: Sen VP, Treas, Controller ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Johannson L Yap officer: Chief Investment Officer ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice Jennifer Matthews officer: General Counsel 555 EAST LANCASTER AVE, SUITE 100, RADNOR PA 19087
Peter Schultz officer: SVP - Portfolio Management ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Marcus L. Smith director 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
John Rau director MIAMI CORPORATION, 410 N. MICHIGAN AVENUE, ROOM 590, CHICAGO IL 60611
Teresa Bryce Bazemore director CHIMERA INVESTMENT CORPORATION, 520 MADISON AVE, 32ND FL, NEW YORK NY 10022
Bruce W Duncan director, officer: PRESIDENT AND CEO ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Denise Olsen director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
David Harker officer: Exec. Director - Investments ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Peter E. Baccile director, officer: President 311 SOUTH WACKER DR., SUITE 3900, CHICAGO IL 60605
Matthew Dominski director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Leonard Peter Sharpe director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Jay H Shidler director THE SHIDLER GROUP, 810 RICHARDS STREET SUITE 1000, HONOLULU HI 96813