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DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Price-to-Tangible-Book : 0.26 (As of May. 16, 2024)


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What is DEMIRE Deutsche Mittelstand Real Estate AG Price-to-Tangible-Book?

As of today (2024-05-16), DEMIRE Deutsche Mittelstand Real Estate AG's share price is €1.00. DEMIRE Deutsche Mittelstand Real Estate AG's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was €3.82. Hence, DEMIRE Deutsche Mittelstand Real Estate AG's Price to Tangible Book Ratio of today is 0.26.

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

XTER:DMRE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26   Med: 0.87   Max: 3.01
Current: 0.26

During the past 13 years, DEMIRE Deutsche Mittelstand Real Estate AG's highest Price to Tangible Book Ratio was 3.01. The lowest was 0.26. And the median was 0.87.

XTER:DMRE's Price-to-Tangible-Book is ranked better than
86.37% of 1724 companies
in the Real Estate industry
Industry Median: 0.84 vs XTER:DMRE: 0.26

A closely related ratio is called PB Ratio. As of today, DEMIRE Deutsche Mittelstand Real Estate AG's share price is €1.00. DEMIRE Deutsche Mittelstand Real Estate AG's Book Value per Sharefor the quarter that ended in Sep. 2023 was €3.82. Hence, DEMIRE Deutsche Mittelstand Real Estate AG's P/B Ratio of today is 0.26.


DEMIRE Deutsche Mittelstand Real Estate AG Price-to-Tangible-Book Historical Data

The historical data trend for DEMIRE Deutsche Mittelstand Real Estate AG'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.

DEMIRE Deutsche Mittelstand Real Estate AG Price-to-Tangible-Book Chart

DEMIRE Deutsche Mittelstand Real Estate AG Annual Data
Trend Mar13 Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.95 0.87 0.84 0.59

DEMIRE Deutsche Mittelstand Real Estate AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only 0.42 0.59 0.54 0.51 0.35

Competitive Comparison of DEMIRE Deutsche Mittelstand Real Estate AG's Price-to-Tangible-Book

For the Real Estate Services subindustry, DEMIRE Deutsche Mittelstand Real Estate AG'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.


DEMIRE Deutsche Mittelstand Real Estate AG's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DEMIRE Deutsche Mittelstand Real Estate AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where DEMIRE Deutsche Mittelstand Real Estate AG's Price-to-Tangible-Book falls into.



DEMIRE Deutsche Mittelstand Real Estate AG Price-to-Tangible-Book Calculation

DEMIRE Deutsche Mittelstand Real Estate AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.00/3.816
=0.26

* 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.


DEMIRE Deutsche Mittelstand Real Estate AG Price-to-Tangible-Book Related Terms

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


DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Business Description

Traded in Other Exchanges
Address
Robert-Bosch-Straße 11, Langen, Frankfurt, DEU, D-63225
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. It focuses on German real estate market and is an investor and property holder in the segment for secondary locations where its activities include acquisition management and rental of commercial properties. The company concentrates on office, retail, hotel and logistics, real estate and owns properties in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Dusseldorf, Bonn, Hamburg, Berlin and Dresden areas. The Company's particular strength lies in realizing the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants.

DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE) Headlines