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Columbia Property Trust (Columbia Property Trust) PB Ratio : 0.87 (As of May. 11, 2024)


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What is Columbia Property Trust 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 (2024-05-11), Columbia Property Trust's share price is $19.28. Columbia Property Trust's Book Value per Share for the quarter that ended in Sep. 2021 was $22.06. Hence, Columbia Property Trust's PB Ratio of today is 0.87.

The historical rank and industry rank for Columbia Property Trust's PB Ratio or its related term are showing as below:

CXP' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1   Max: 1.3
Current: 0.87

During the past 12 years, Columbia Property Trust's highest PB Ratio was 1.30. The lowest was 0.39. And the median was 1.00.

CXP's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.84 vs CXP: 0.87

During the past 12 months, Columbia Property Trust's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Columbia Property Trust was 3.80% per year. The lowest was -6.10% per year. And the median was -1.95% per year.

Back to Basics: PB Ratio


Columbia Property Trust PB Ratio Historical Data

The historical data trend for Columbia Property Trust'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.

Columbia Property Trust PB Ratio Chart

Columbia Property Trust 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 1.05 1.09 0.82 0.92 0.63

Columbia Property Trust Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.49 0.63 0.76 0.78 0.86

Competitive Comparison of Columbia Property Trust's PB Ratio

For the REIT - Office subindustry, Columbia Property Trust'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.


Columbia Property Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Columbia Property Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Columbia Property Trust's PB Ratio falls into.



Columbia Property Trust 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.

Columbia Property Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=19.28/22.06
=0.87

* 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.


Columbia Property Trust  (NYSE:CXP) 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.


Columbia Property Trust PB Ratio Related Terms

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


Columbia Property Trust (Columbia Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
315 Park Avenue South, New York, NY, USA, 10010
Columbia Property Trust Inc is a real estate investment trust engaged in acquiring, developing, and leasing office properties in large metropolitan areas throughout the United States. In terms of total square footage, the company's real estate portfolio is primarily composed of offices in San Francisco, Atlanta, New York City, Cleveland, and Houston. Columbia Property also derives most of its total revenue in the form of rental income from these same cities. The company's largest office tenants are legal services firms, business services companies, depository institutions, and securities and commodities brokers. These industries contribute the majority of Columbia's total rent revenue.
Executives
Thomas G Wattles director ONE INDEPENDENT DRIVE, SUITE 114, JACKSONVILLE FL 32202
Wentworth Francis X. Jr. director 315 PARK AVENUE SOUTH NEW YORK NY 10010
Michael S. Robb director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Murray J. Mccabe director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
John L. Dixon director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
David Henry director 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042
E Nelson Mills director, officer: President & CEO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Kevin A. Hoover officer: EVP Portfolio Management 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
Jeffrey K. Gronning officer: Chief Investment Officer 315 PARK AVENUE SOUTH NEW YORK NY 10010
James A Fleming officer: EVP, Chief Financial Officer 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
Wendy W Gill officer: SVP, Corp Ops & CAO 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
George W Sands director 1170 PEACHTREE STREET SUITE 600 ATLANTA GA 30309
David S Dowdney officer: SVP, Head of Leasing 1170 PEACHTREE STREET NE SUITE 600 ATLANTA GA 30309

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