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Hersha Hospitality Trust (Hersha Hospitality Trust) Price-to-Tangible-Book : (As of May. 22, 2024)


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What is Hersha Hospitality Trust Price-to-Tangible-Book?

As of today (2024-05-22), Hersha Hospitality Trust's share price is $25.09. Hersha Hospitality Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.00. Hence, Hersha Hospitality Trust's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Hersha Hospitality Trust's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Hersha Hospitality Trust's highest Price to Tangible Book Ratio was 1.70. The lowest was 0.18. And the median was 0.79.

HTpC.PFD'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, Hersha Hospitality Trust's share price is $25.09. Hersha Hospitality Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.00. Hence, Hersha Hospitality Trust's P/B Ratio of today is .


Hersha Hospitality Trust Price-to-Tangible-Book Historical Data

The historical data trend for Hersha Hospitality 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.

Hersha Hospitality Trust Price-to-Tangible-Book Chart

Hersha Hospitality Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
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Hersha Hospitality Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Hersha Hospitality Trust's Price-to-Tangible-Book

For the REIT - Hotel & Motel subindustry, Hersha Hospitality 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.


Hersha Hospitality Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Hersha Hospitality Trust's Price-to-Tangible-Book falls into.



Hersha Hospitality Trust Price-to-Tangible-Book Calculation

Hersha Hospitality Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=25.09/
=

* 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.


Hersha Hospitality Trust Price-to-Tangible-Book Related Terms

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


Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
44 Hersha Drive, Harrisburg, PA, USA, 17102
Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.