Real Estate Investors (LSE:RLE) Price-to-Tangible-Book : 0.62 (As of May. 16, 2024)

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What is Real Estate Investors Price-to-Tangible-Book?

As of today (2024-05-16), Real Estate Investors's share price is £0.34. Real Estate Investors's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.55. Hence, Real Estate Investors's Price to Tangible Book Ratio of today is 0.62.

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

LSE:RLE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 0.77 Max: 1.11
Current: 0.62

During the past 13 years, Real Estate Investors's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.46. And the median was 0.77.

LSE:RLE's Price-to-Tangible-Book is ranked better than
75.33% of 839 companies
in the REITs industry
Industry Median: 0.83 vs LSE:RLE: 0.62

A closely related ratio is called PB Ratio. As of today, Real Estate Investors's share price is £0.34. Real Estate Investors's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.55. Hence, Real Estate Investors's P/B Ratio of today is 0.62.

Real Estate Investors Price-to-Tangible-Book Historical Data

The historical data trend for Real Estate Investors'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.

Real Estate Investors Price-to-Tangible-Book Chart

Real Estate Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.79

0.62

0.68

0.46

0.55

Real Estate Investors 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															0.68	0.56	0.46	0.49	0.55

Competitive Comparison of Real Estate Investors's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Real Estate Investors'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.

Real Estate Investors's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Real Estate Investors Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.34	/	0.55
	=	0.62

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.

Real Estate Investors Price-to-Tangible-Book Related Terms

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

Real Estate Investors (LSE:RLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Real Estate Investors PLC (LSE:RLE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RLE.GB:UK

Address

75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP

Website

https://www.reiplc.com

Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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