Firm Capital Apartment REIT (TSXV:FCA.U) Price-to-Tangible-Book : 0.54 (As of May. 15, 2024)

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What is Firm Capital Apartment REIT Price-to-Tangible-Book?

As of today (2024-05-15), Firm Capital Apartment REIT's share price is $3.80. Firm Capital Apartment REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.02. Hence, Firm Capital Apartment REIT's Price to Tangible Book Ratio of today is 0.54.

The historical rank and industry rank for Firm Capital Apartment REIT's Price-to-Tangible-Book or its related term are showing as below:

TSXV:FCA.U' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.66 Max: 1.89
Current: 0.56

During the past 13 years, Firm Capital Apartment REIT's highest Price to Tangible Book Ratio was 1.89. The lowest was 0.37. And the median was 0.66.

TSXV:FCA.U's Price-to-Tangible-Book is ranked better than
81.29% of 839 companies
in the REITs industry
Industry Median: 0.83 vs TSXV:FCA.U: 0.56

A closely related ratio is called PB Ratio. As of today, Firm Capital Apartment REIT's share price is $3.80. Firm Capital Apartment REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.02. Hence, Firm Capital Apartment REIT's P/B Ratio of today is 0.54.

Firm Capital Apartment REIT Price-to-Tangible-Book Historical Data

The historical data trend for Firm Capital Apartment 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.

Firm Capital Apartment REIT Price-to-Tangible-Book Chart

Firm Capital Apartment REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.69

0.55

0.64

0.45

0.32

Firm Capital Apartment REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.45	0.58	0.42	0.43	0.32

Competitive Comparison of Firm Capital Apartment REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, Firm Capital Apartment 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.

Firm Capital Apartment REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Firm Capital Apartment REIT's Price-to-Tangible-Book falls into.

Firm Capital Apartment REIT Price-to-Tangible-Book Calculation

Firm Capital Apartment 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 )
	=	3.80	/	7.024
	=	0.54

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.

Firm Capital Apartment REIT Price-to-Tangible-Book Related Terms

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

Firm Capital Apartment REIT (TSXV:FCA.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Firm Capital Apartment REIT (TSXV:FCA.U) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FCA.UN:Canada

Address

163 Cartwright Avenue, Toronto, ON, CAN, M6A 1V5

Website

https://www.firmcapital.com

Firm Capital Apartment REIT is a multi-residential real estate investment entity that pursues real estate and debt investments through two platforms namely Income Producing Real Estate Investments that acquire income-producing real estate assets in cities across the United States, and Mortgage Debt Investments that provide multi-residential real estate debt and equity lending platform in cities across the United States focused on providing all forms of bridge mortgage loans and joint venture capital. The Trust has a portfolio in two geographical areas; the U.S. Sunbelt which includes properties in Texas, Florida and Georgia. This represents 67% of the Investment Portfolio. The U.S. Northeast includes properties in New York, New Jersey, Maryland, and Connecticut.

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