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Weingarten Realty Investors (Weingarten Realty Investors) PB Ratio : 2.51 (As of May. 05, 2024)


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What is Weingarten Realty Investors PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-05), Weingarten Realty Investors's share price is $31.44. Weingarten Realty Investors's Book Value per Share for the quarter that ended in Jun. 2021 was $12.53. Hence, Weingarten Realty Investors's PB Ratio of today is 2.51.

The historical rank and industry rank for Weingarten Realty Investors's PB Ratio or its related term are showing as below:

WRI' s PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.38   Max: 3.53
Current: 2.51

During the past 13 years, Weingarten Realty Investors's highest PB Ratio was 3.53. The lowest was 0.97. And the median was 2.38.

WRI's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.84 vs WRI: 2.51

During the past 12 months, Weingarten Realty Investors's average Book Value Per Share Growth Rate was -4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Weingarten Realty Investors was 28.60% per year. The lowest was -16.00% per year. And the median was 3.00% per year.

Back to Basics: PB Ratio


Weingarten Realty Investors PB Ratio Historical Data

The historical data trend for Weingarten Realty Investors's PB Ratio 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.

Weingarten Realty Investors PB Ratio Chart

Weingarten Realty Investors Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 2.59 2.02 2.37 1.70

Weingarten Realty Investors Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
PB Ratio Get a 7-Day Free Trial 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 1.45 1.31 1.70 2.13 2.56

Competitive Comparison of Weingarten Realty Investors's PB Ratio

For the REIT - Retail subindustry, Weingarten Realty Investors's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Weingarten Realty Investors's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Weingarten Realty Investors's PB Ratio distribution charts can be found below:

* The bar in red indicates where Weingarten Realty Investors's PB Ratio falls into.



Weingarten Realty Investors PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Weingarten Realty Investors's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2021)
=31.44/12.53
=2.51

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Weingarten Realty Investors  (NYSE:WRI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Weingarten Realty Investors PB Ratio Related Terms

Thank you for viewing the detailed overview of Weingarten Realty Investors's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Weingarten Realty Investors (Weingarten Realty Investors) Business Description

Traded in Other Exchanges
N/A
Address
2600 Citadel Plaza Drive, Suite 125, Houston, TX, USA, 77008
Weingarten, founded in 1948, is a self-advised REIT that owns, acquires, and develops neighborhood shopping centers. Ownership interest in more than 300 retail assets (47 msf) is diversified in 22 states with the top 10 tenants accounting for 14% of revenue. The largest state concentrations are Texas, Florida, and California, comprising 67% of rents. Economic occupancy is 91.2% and 75% of tenants are national/regional. Differentiating Weingarten is a 9% inside ownership in its outstanding shares, compared with a 1%-3% REIT industry average.
Executives
Shelaghmichael C. Brown director 1511 NANTUCKET, HOUSTON TX 77057
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Thomas L Ryan director 1929 ALLEN PARKWAY, HOUSTON TX 77219
Stephen A Lasher director
Douglas W Schnitzer director
Andrew M Alexander director, officer: CHAIRMAN/CEO/PRESIDENT
Stephen C Richter officer: EXEC VP/CFO
Johnny Hendrix officer: Executive VP/COO
Stanford J Alexander director, officer: CHAIRMAN 2600 JCITADEL PLAZA DRIVE HOUSTON TX 77008
James W Crownover director
Melvin A Dow director
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Martin Debrovner officer: VICE CHAIRMAN
J Murry Bowden director 2600 CITADEL PLAZA DRIVE STE. 300 HOUSTON TX 77008