What is Dream Office Real Estate Investment Trust Price-to-Tangible-Book?
As of today (2024-04-25), Dream Office Real Estate Investment Trust's share price is $13.175. Dream Office Real Estate Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $54.84. Hence, Dream Office Real Estate Investment Trust's Price to Tangible Book Ratio of today is 0.24.
The historical rank and industry rank for Dream Office Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:
DRETF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.75 Max: 1.18
Current: 0.26
During the past 13 years, Dream Office Real Estate Investment Trust's highest Price to Tangible Book Ratio was 1.18. The lowest was 0.26. And the median was 0.75.
DRETF's Price-to-Tangible-Book is ranked better than 96.08% of 842
companies
in the REITs industry
Industry Median: 0.84
vs DRETF: 0.26
A closely related ratio is called PB Ratio. As of today, Dream Office Real Estate Investment Trust's share price is $13.175. Dream Office Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $54.84. Hence, Dream Office Real Estate Investment Trust's P/B Ratio of today is 0.24.
Dream Office Real Estate Investment Trust Price-to-Tangible-Book Historical Data
The historical data trend for Dream Office Real Estate Investment 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.
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Dream Office Real Estate Investment Trust Price-to-Tangible-Book Chart
Dream Office Real Estate Investment Trust Annual Data
Competitive Comparison of Dream Office Real Estate Investment Trust's Price-to-Tangible-Book
For the REIT - Office subindustry, Dream Office Real Estate Investment 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.
Dream Office Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Dream Office Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Dream Office Real Estate Investment Trust's Price-to-Tangible-Book falls into.
Dream Office Real Estate Investment Trust Price-to-Tangible-Book Calculation
Dream Office Real Estate Investment Trust'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.
Dream Office Real Estate Investment Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Dream Office Real Estate Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.
Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Headlines
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