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Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Book Value per Share : C$13.57 (As of Mar. 2024)


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What is Choice Properties Real Estate Investment Trust Book Value per Share?

Choice Properties Real Estate Investment Trust's book value per share for the quarter that ended in Mar. 2024 was C$13.57.

During the past 12 months, Choice Properties Real Estate Investment Trust's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% 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 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Choice Properties Real Estate Investment Trust was 17.40% per year. The lowest was -14.80% per year. And the median was 4.20% per year.

Choice Properties Real Estate Investment Trust's current price is C$13.15. Its book value per share for the quarter that ended in Mar. 2024 was C$13.57. Hence, today's PB Ratio of Choice Properties Real Estate Investment Trust is 0.97.

During the past 11 years, the highest P/B Ratio of Choice Properties Real Estate Investment Trust was 10.84. The lowest was 0.70. And the median was 1.27.


Choice Properties Real Estate Investment Trust Book Value per Share Historical Data

The historical data trend for Choice Properties Real Estate Investment Trust'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.

Choice Properties Real Estate Investment Trust Book Value per Share Chart

Choice Properties Real Estate Investment Trust 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 9.96 10.75 10.11 11.67 13.32

Choice Properties Real Estate Investment Trust 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 12.28 13.75 14.90 13.32 13.57

Competitive Comparison of Choice Properties Real Estate Investment Trust's Book Value per Share

For the REIT - Retail subindustry, Choice Properties Real Estate Investment Trust'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.


Choice Properties Real Estate Investment Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Choice Properties Real Estate Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Choice Properties Real Estate Investment Trust's PB Ratio falls into.



Choice Properties Real Estate Investment Trust Book Value per Share Calculation

Choice Properties Real Estate Investment Trust'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)
=(4,369-0)/328
=13.32

Choice Properties Real Estate Investment Trust'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)
=(4,450-0)/328
=13.57

* 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.


Choice Properties Real Estate Investment Trust  (TSX:CHP.UN) 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.


Choice Properties Real Estate Investment Trust Book Value per Share Related Terms

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Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 700, Toronto, ON, CAN, M4T 2S5
Choice Properties Real Estate Investment Trust invests in commercial retail, industrial, mixed-use and residential properties across Canada. The company's portfolio primarily consists of shopping centers anchored by supermarkets and stand-alone supermarkets. The properties are mostly located in Ontario and Quebec, followed by Alberta, Nova Scotia, British Columbia, and New Brunswick. Choice Properties generate the majority of revenue from leasing properties to its tenants. The company's principal tenant, the large-format retailer Loblaw Companies, contributes the vast majority of the total rent.

Choice Properties Real Estate Investment Trust (TSX:CHP.UN) Headlines

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