As of today (2024-04-25), Terreno Realty's share price is $55.31. Terreno Realty's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $31.79. Hence, Terreno Realty's Price to Tangible Book Ratio of today is 1.74.
The historical rank and industry rank for Terreno Realty's Price-to-Tangible-Book or its related term are showing as below:
TRNO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34 Med: 2.01 Max: 3.28
Current: 1.74
During the past 13 years, Terreno Realty's highest Price to Tangible Book Ratio was 3.28. The lowest was 1.34. And the median was 2.01.
TRNO's Price-to-Tangible-Book is ranked worse than 89.89% of 841
companies
in the REITs industry
Industry Median: 0.84
vs TRNO: 1.74
A closely related ratio is called PB Ratio. As of today, Terreno Realty's share price is $55.31. Terreno Realty's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.32. Hence, Terreno Realty's P/B Ratio of today is 1.66.
Terreno Realty Price-to-Tangible-Book Historical Data
The historical data trend for Terreno Realty'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 Terreno Realty's Price-to-Tangible-Book
For the REIT - Industrial subindustry, Terreno Realty'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.
Terreno Realty's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Terreno Realty's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Terreno Realty's Price-to-Tangible-Book falls into.
Terreno Realty Price-to-Tangible-Book Calculation
Terreno Realty'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.
Terreno Realty Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Terreno Realty's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Terreno Realty (Terreno Realty) Business Description
Terreno Realty Corp is a real estate investment trust engaged in acquiring, owning and operating industrial real estate in six coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The company invests in several types of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), transshipment and improved land.
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