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Empiric Student Property (LSE:ESP) Price-to-Tangible-Book : 0.74 (As of May. 26, 2024)


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What is Empiric Student Property Price-to-Tangible-Book?

As of today (2024-05-26), Empiric Student Property's share price is £0.902. Empiric Student Property's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £1.21. Hence, Empiric Student Property's Price to Tangible Book Ratio of today is 0.74.

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

LSE:ESP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 0.84   Max: 1.02
Current: 0.75

During the past 9 years, Empiric Student Property's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.71. And the median was 0.84.

LSE:ESP's Price-to-Tangible-Book is ranked better than
58.76% of 839 companies
in the REITs industry
Industry Median: 0.83 vs LSE:ESP: 0.75

A closely related ratio is called PB Ratio. As of today, Empiric Student Property's share price is £0.902. Empiric Student Property's Book Value per Sharefor the quarter that ended in Dec. 2023 was £1.22. Hence, Empiric Student Property's P/B Ratio of today is 0.74.


Empiric Student Property Price-to-Tangible-Book Historical Data

The historical data trend for Empiric Student Property'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.

Empiric Student Property Price-to-Tangible-Book Chart

Empiric Student Property Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.89 0.71 0.80 0.73 0.78

Empiric Student Property Semi-Annual Data
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 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 0.80 0.73 0.73 0.71 0.78

Competitive Comparison of Empiric Student Property's Price-to-Tangible-Book

For the REIT - Residential subindustry, Empiric Student Property'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.


Empiric Student Property's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Empiric Student Property Price-to-Tangible-Book Calculation

Empiric Student Property's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.902/1.212
=0.74

* 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.


Empiric Student Property Price-to-Tangible-Book Related Terms

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


Empiric Student Property (LSE:ESP) Business Description

Traded in Other Exchanges
N/A
Address
72 Borough High Street, 1st Floor Hop Yard Studios, London, GBR, SE1 1XF
Empiric Student Property PLC is a real estate company. It is engaged in investing in and managing premium purpose-built student accommodation in central locations in prime university cities and towns in the United Kingdom. Its investment portfolio includes Centro Court, Canal Bridge, Brook Studios, James House, and Edge Apartments among others. The company earns operating revenue from student accommodation rental.