Al Rajhi REIT Fund (SAU:4340) Price-to-Tangible-Book : 1.03 (As of May. 25, 2024)

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What is Al Rajhi REIT Fund Price-to-Tangible-Book?

As of today (2024-05-25), Al Rajhi REIT Fund's share price is ﷼8.28. Al Rajhi REIT Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ﷼8.03. Hence, Al Rajhi REIT Fund's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for Al Rajhi REIT Fund's Price-to-Tangible-Book or its related term are showing as below:

SAU:4340' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 1.05 Max: 1.42
Current: 1.03

During the past 6 years, Al Rajhi REIT Fund's highest Price to Tangible Book Ratio was 1.42. The lowest was 0.80. And the median was 1.05.

SAU:4340's Price-to-Tangible-Book is ranked worse than
69.96% of 839 companies
in the REITs industry
Industry Median: 0.83 vs SAU:4340: 1.03

A closely related ratio is called PB Ratio. As of today, Al Rajhi REIT Fund's share price is ﷼8.28. Al Rajhi REIT Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was ﷼8.03. Hence, Al Rajhi REIT Fund's P/B Ratio of today is 1.03.

Al Rajhi REIT Fund Price-to-Tangible-Book Historical Data

The historical data trend for Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund Price-to-Tangible-Book Chart

Al Rajhi REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.99

0.94

1.42

1.26

1.11

Al Rajhi REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.42	1.16	1.26	1.33	1.11

Competitive Comparison of Al Rajhi REIT Fund's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Al Rajhi REIT Fund's Price-to-Tangible-Book falls into.

Al Rajhi REIT Fund Price-to-Tangible-Book Calculation

Al Rajhi REIT Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	8.28	/	8.032
	=	1.03

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.

Al Rajhi REIT Fund Price-to-Tangible-Book Related Terms

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

Al Rajhi REIT Fund (SAU:4340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Rajhi REIT Fund (SAU:4340) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432

Website

https://www.alrajhi-capital.com

Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

Al Rajhi REIT Fund (SAU:4340) Headlines

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