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City Office REIT (City Office REIT) Book Value per Share : $16.33 (As of Mar. 2024)


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What is City Office REIT Book Value per Share?

City Office REIT's book value per share for the quarter that ended in Mar. 2024 was $16.33.

During the past 12 months, City Office REIT's average Book Value Per Share Growth Rate was -4.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of City Office REIT was 89.90% per year. The lowest was 0.70% per year. And the median was 25.10% per year.

City Office REIT's current price is $4.78. Its book value per share for the quarter that ended in Mar. 2024 was $16.33. Hence, today's PB Ratio of City Office REIT is 0.29.

During the past 13 years, the highest P/B Ratio of City Office REIT was 3.29. The lowest was 0.21. And the median was 1.69.


City Office REIT Book Value per Share Historical Data

The historical data trend for City Office REIT's Book Value per Share 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.

City Office REIT Book Value per Share Chart

City Office REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 7.03 17.40 17.39 16.53

City Office REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share 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 17.00 16.94 16.83 16.53 16.33

Competitive Comparison of City Office REIT's Book Value per Share

For the REIT - Office subindustry, City Office REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.


City Office REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, City Office REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where City Office REIT's PB Ratio falls into.



City Office REIT Book Value per Share Calculation

City Office REIT's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(772.2-112.0)/39.9
=16.53

City Office REIT's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(767.5-112.0)/40.2
=16.33

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


City Office REIT  (NYSE:CIO) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


City Office REIT Book Value per Share Related Terms

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City Office REIT (City Office REIT) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The company owns office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.
Executives
Michael Mazan director 3210-666 BURRARD STREET, VANCOUVER A1 V6C2X8
William R Flatt director 188 E. CAPITOL STREET, SUITE 1000, JACKSON MS 39201
Anthony Maretic officer: Chief Financial Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
James Thomas Farrar director, officer: Chief Executive Officer 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
Stephen B Shraiberg director 1331 SEVENTEENTH STREET, STE. 300, DENVER CO 80202
Gregory Tylee officer: See Remarks 1075 WEST GEORGIA STREET, SUITE 2600, VANCOUVER A1 V6E 3C9
John Sweet director SUITE 2990, 500 NORTH AKARD STREET, DALLAS TX 75201
Sabah Mirza director 27 FASKEN DRIVE, TORONTO A6 M9W1K6
Mark Wilhelm Murski director 1312 CLEAVER DRIVE, OAKVILLE A6 L6J IW4
John R. Mclernon director 200 GRANVILLE STREET, 19TH FLOOR, VANCOUVER A1 V6C 2R6
Jeffrey David Kohn director 1029 17 AVE SW, SUITE 200, CALGARY A0 T2T 0A9
Samuel Belzberg 10 percent owner