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Sun Communities (Sun Communities) Price-to-Tangible-Book

: 2.47 (As of Today)
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As of today (2024-04-23), Sun Communities's share price is $118.53. Sun Communities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $48.06. Hence, Sun Communities's Price to Tangible Book Ratio of today is 2.47.

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

SUI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.46   Med: 2.91   Max: 4.18
Current: 2.47

During the past 13 years, Sun Communities's highest Price to Tangible Book Ratio was 4.18. The lowest was 2.46. And the median was 2.91.

SUI's Price-to-Tangible-Book is ranked worse than
95.04% of 846 companies
in the REITs industry
Industry Median: 0.84 vs SUI: 2.47

A closely related ratio is called PB Ratio. As of today, Sun Communities's share price is $118.53. Sun Communities's Book Value per Sharefor the quarter that ended in Dec. 2023 was $56.92. Hence, Sun Communities's P/B Ratio of today is 2.08.


Sun Communities Price-to-Tangible-Book Historical Data

The historical data trend for Sun Communities'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.

Sun Communities 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 3.73 3.41 4.18 2.78 2.78

Sun Communities 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 2.78 2.82 2.61 2.34 2.78

Competitive Comparison

For the REIT - Residential subindustry, Sun Communities'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.


Sun Communities Price-to-Tangible-Book Distribution

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

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



Sun Communities Price-to-Tangible-Book Calculation

Sun Communities's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=118.53/48.059
=2.47

* 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.


Sun Communities Price-to-Tangible-Book Related Terms

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


Sun Communities (Sun Communities) Business Description

Traded in Other Exchanges
Address
27777 Franklin Road, Suite 200, Southfield, MI, USA, 48034
Sun Communities is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently owns a portfolio of 670 properties, which includes 353 manufactured housing communities, 182 residential vehicle communities, and 135 marina properties. Sun targets owning properties that are desirable as second homes or vacation properties with nearly 50% of the portfolio located in either Florida or Michigan near major bodies of water.
Executives
Baxter Underwood officer: CEO - Safe Harbor Marinas, LLC 14785 PRESTON RD, 9TH FLOOR, DALLAS TX 75254
Marc Farrugia officer: EVP & Chief Admin. Officer 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Jeff Blau director
Bruce Thelen officer: EVP 27777 FRANKLIN RD., STE. 200, SOUTHFIEL MI 48034
Clunet R Lewis director 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Fernando Castro-caratini officer: EVP, CFO, Sec. & Treas. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
John Bandini Mclaren officer: EVP & CFO 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Stephanie W Bergeron director 27777 FRANKLIN ROAD, STE 200, SUN COMMUNITIES, INC, SOUTHFIELD MI 48034
Aaron Weiss officer: EVP, Corp. Strat. & Bus. Dev. 27777 FRANKLIN RD., SUITE 200, SOUTHFIELD MI 48034
Gary A Shiffman director, officer: Chrmn and CEO 27777 FRANKLIN ROAD, STE 200, SOUTHFIELD MI 48034
Karen Dearing officer: EVP, CFO, Sec. & Treasurer 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Tonya Allen director 2777 FRANKLIN RD., STE. 200, SOUTHFIELD MI 48034
Ronald A Klein director 235 EAST MAIN STREET, MIDLAND MI 48640
Jonathan Colman officer: EVP 27777 FRANKLIN ROAD, SUITE 200, SOUTHFIELD MI 48034
Brian M Hermelin director 2064 D STREET, BELLEVILLE MI 48111