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Australand Property Group (ASX:ALZ) Price-to-Tangible-Book : 1.34 (As of May. 19, 2024)


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What is Australand Property Group Price-to-Tangible-Book?

As of today (2024-05-19), Australand Property Group's share price is A$4.46. Australand Property Group's Tangible Book per Share of Jun. 2014 for the quarter that ended in Jun. 2014 was A$3.32. Hence, Australand Property Group's Price to Tangible Book Ratio of today is 1.34.

The historical rank and industry rank for Australand Property Group's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Australand Property Group's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.00. And the median was 0.96.

ASX:ALZ's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Australand Property Group's share price is A$4.46. Australand Property Group's Book Value per Sharefor the quarter that ended in Jun. 2014 was A$3.32. Hence, Australand Property Group's P/B Ratio of today is 1.34.


Australand Property Group Price-to-Tangible-Book Historical Data

The historical data trend for Australand Property Group'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.

* Premium members only.

Australand Property Group Price-to-Tangible-Book Chart

Australand Property Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.83 0.69 0.97 1.08

Australand Property Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Price-to-Tangible-Book 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 0.71 0.97 1.24 1.08 1.34

Competitive Comparison of Australand Property Group's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Australand Property Group'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.


Australand Property Group's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Australand Property Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Australand Property Group's Price-to-Tangible-Book falls into.



Australand Property Group Price-to-Tangible-Book Calculation

Australand Property Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2014 )
=4.46/3.324
=1.34

* 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.


Australand Property Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Australand Property Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Australand Property Group (ASX:ALZ) Business Description

Traded in Other Exchanges
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Address
Australand Property Group is a stapled security comprising a unit in three trusts and a share in the management company. It owns, develops, and manages industrial, residential and investment property. Activities include development of residential land, housing and apartments, development of and investment in income producing commercial and industrial properties, and property management.

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