Sunlight Real Estate Investment Trust (HKSE:00435) Price-to-Tangible-Book : 0.22 (As of May. 09, 2024)

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What is Sunlight Real Estate Investment Trust Price-to-Tangible-Book?

As of today (2024-05-09), Sunlight Real Estate Investment Trust's share price is HK$1.73. Sunlight Real Estate Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$7.93. Hence, Sunlight Real Estate Investment Trust's Price to Tangible Book Ratio of today is 0.22.

The historical rank and industry rank for Sunlight Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00435' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21 Med: 0.51 Max: 0.62
Current: 0.22

During the past 13 years, Sunlight Real Estate Investment Trust's highest Price to Tangible Book Ratio was 0.62. The lowest was 0.21. And the median was 0.51.

HKSE:00435's Price-to-Tangible-Book is ranked better than
97.25% of 837 companies
in the REITs industry
Industry Median: 0.84 vs HKSE:00435: 0.22

A closely related ratio is called PB Ratio. As of today, Sunlight Real Estate Investment Trust's share price is HK$1.73. Sunlight Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$7.96. Hence, Sunlight Real Estate Investment Trust's P/B Ratio of today is 0.22.

Sunlight Real Estate Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Sunlight 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.

* Premium members only.

Sunlight Real Estate Investment Trust Price-to-Tangible-Book Chart

Sunlight Real Estate Investment Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.62

0.43

0.53

0.44

0.36

Sunlight Real Estate Investment Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.51	0.44	0.42	0.36	0.27

Competitive Comparison of Sunlight Real Estate Investment Trust's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Sunlight 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.

Sunlight Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sunlight Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sunlight Real Estate Investment Trust's Price-to-Tangible-Book falls into.

Sunlight Real Estate Investment Trust Price-to-Tangible-Book Calculation

Sunlight Real Estate Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.73	/	7.933
	=	0.22

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Sunlight Real Estate Investment Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sunlight Real Estate Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Sunlight Real Estate Investment Trust (HKSE:00435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunlight Real Estate Investment Trust (HKSE:00435) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

Q9R:Germany

Address

248 Queen’s Road East, 30th Floor, Dah Sing Financial Centre, Wan Chai, Hong Kong, HKG

Website

http://www.sunlightreit.com

Sunlight Real Estate Investment Trust invests in a portfolio of office and retail properties in Hong Kong. The office properties are located in core business areas, including the Central, Wan Chai, and Sheung Wan districts. Properties are also located in decentralized business areas of the city, including North Point, Mong Kok, and Yau Ma Tei. The major office properties include Sunlight Tower, Strand 50, Righteous Centre, and Winsome House Property. The retail properties are located in regional transportation hubs, towns, and urban areas, including Sheung Shui Centre Shopping Arcade, Metro City, and Kwong Wash Plaza. Henderson Sunlight Asset Management is the manager of Sunlight REIT.

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