As of today (2024-04-26), Ventas's share price is $43.36. Ventas's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $17.38. Hence, Ventas's Price to Tangible Book Ratio of today is 2.49.
The historical rank and industry rank for Ventas's Price-to-Tangible-Book or its related term are showing as below:
VTR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.32 Med: 2.61 Max: 2.87
Current: 2.49
During the past 13 years, Ventas's highest Price to Tangible Book Ratio was 2.87. The lowest was 2.32. And the median was 2.61.
VTR's Price-to-Tangible-Book is ranked worse than 95.48% of 841
companies
in the REITs industry
Industry Median: 0.83
vs VTR: 2.49
A closely related ratio is called PB Ratio. As of today, Ventas's share price is $43.36. Ventas's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.60. Hence, Ventas's P/B Ratio of today is 1.84.
Ventas Price-to-Tangible-Book Historical Data
The historical data trend for Ventas'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 Ventas's Price-to-Tangible-Book
For the REIT - Healthcare Facilities subindustry, Ventas'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.
Ventas's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Ventas's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ventas's Price-to-Tangible-Book falls into.
Ventas Price-to-Tangible-Book Calculation
Ventas'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.
Ventas Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ventas's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ventas owns a diversified healthcare portfolio of nearly 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes over 40 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 3% of net operating income.
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