Irish Residential Properties REIT (Irish Residential Properties REIT) Price-to-Tangible-Book : 0.70 (As of May. 26, 2024)

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What is Irish Residential Properties REIT Price-to-Tangible-Book?

As of today (2024-05-26), Irish Residential Properties REIT's share price is $1.01. Irish Residential Properties REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.44. Hence, Irish Residential Properties REIT's Price to Tangible Book Ratio of today is 0.70.

The historical rank and industry rank for Irish Residential Properties REIT's Price-to-Tangible-Book or its related term are showing as below:

RSHPF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 1.02 Max: 1.24
Current: 0.74

During the past 10 years, Irish Residential Properties REIT's highest Price to Tangible Book Ratio was 1.24. The lowest was 0.70. And the median was 1.02.

RSHPF's Price-to-Tangible-Book is ranked better than
60.07% of 839 companies
in the REITs industry
Industry Median: 0.83 vs RSHPF: 0.74

A closely related ratio is called PB Ratio. As of today, Irish Residential Properties REIT's share price is $1.01. Irish Residential Properties REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.44. Hence, Irish Residential Properties REIT's P/B Ratio of today is 0.70.

Irish Residential Properties REIT Price-to-Tangible-Book Historical Data

The historical data trend for Irish Residential Properties REIT'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.

Irish Residential Properties REIT Price-to-Tangible-Book Chart

Irish Residential Properties REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.11

0.85

0.96

0.73

Irish Residential Properties REIT 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															0.96	1.02	0.73	0.65	0.73

Competitive Comparison of Irish Residential Properties REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, Irish Residential Properties REIT'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.

Irish Residential Properties REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Irish Residential Properties REIT's Price-to-Tangible-Book falls into.

Irish Residential Properties REIT Price-to-Tangible-Book Calculation

Irish Residential Properties REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.01	/	1.436
	=	0.70

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.

Irish Residential Properties REIT Price-to-Tangible-Book Related Terms

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

Irish Residential Properties REIT (Irish Residential Properties REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Irish Residential Properties REIT PLC (OTCPK:RSHPF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IRES:Ireland 0QT8:UK IRES:Germany

Address

South Dock House, Hanover Quay, Dublin 2, IRL, D02 XW94

Website

https://www.iresreit.ie

Irish Residential Properties REIT PLC is a Real Estate Investment Trust that focuses on acquiring, holding, managing, and developing investments primarily focused on residential rental accommodations in Ireland. The group operates in one business segment, namely property investment.