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Alexander's (Alexander's) Price-to-Tangible-Book : 4.55 (As of Apr. 26, 2024)


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What is Alexander's Price-to-Tangible-Book?

As of today (2024-04-26), Alexander's's share price is $211.53. Alexander's's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $46.53. Hence, Alexander's's Price to Tangible Book Ratio of today is 4.55.

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

ALX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.52   Med: 5.72   Max: 6.97
Current: 4.55

During the past 13 years, Alexander's's highest Price to Tangible Book Ratio was 6.97. The lowest was 4.52. And the median was 5.72.

ALX's Price-to-Tangible-Book is ranked worse than
98.1% of 841 companies
in the REITs industry
Industry Median: 0.84 vs ALX: 4.55

A closely related ratio is called PB Ratio. As of today, Alexander's's share price is $211.53. Alexander's's Book Value per Sharefor the quarter that ended in Dec. 2023 was $46.53. Hence, Alexander's's P/B Ratio of today is 4.55.


Alexander's Price-to-Tangible-Book Historical Data

The historical data trend for Alexander's'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.

Alexander's Price-to-Tangible-Book Chart

Alexander's Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 6.97 5.26 4.75 4.59

Alexander's 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 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 4.75 4.48 3.53 3.70 4.59

Competitive Comparison of Alexander's's Price-to-Tangible-Book

For the REIT - Retail subindustry, Alexander's'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.


Alexander's's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Alexander's's Price-to-Tangible-Book falls into.



Alexander's Price-to-Tangible-Book Calculation

Alexander's's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=211.53/46.533
=4.55

* 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.


Alexander's Price-to-Tangible-Book Related Terms

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


Alexander's (Alexander's) Business Description

Traded in Other Exchanges
Address
210 Route 4 East, Paramus, NJ, USA, 07652
Alexander's Inc is a real estate investment trust engaged in leasing, managing, developing and redeveloping its properties. It has six properties in the greater New York City metropolitan area. All of the revenues come from properties located in New York City which include revenues from leasing of space to tenants at their properties and revenues from parking and tenant services.
Executives
Gary W. Hansen officer: Chief Financial Officer 210 ROUTE 4 EAST, PARAMUS NJ 07652
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Wight Russell B Jr director
Matthew Iocco officer: Chief Financial Officer 888 7TH AVENUE, NEW YORK NY 10019
Wendy Silverstein director, .
Properties Interstate 10 percent owner C/O VORNADO REALTY TRUST, 888 SEVENTH AVENUE, NEW YORK NY 10019
Thomas R Dibenedetto director
David Mandelbaum director, 10 percent owner
Arthur Sonnenblick director 888 SEVENTH AVE, NEW YORK NY 10019
Steven Roth director, 10 percent owner, officer: Chairman & CEO
Neil Underberg director 888 SEVENTH AVE, NEW YORK NY 10019
Richard R West director
Joseph Macnow officer: CFO/EVP - Fin. & Admin.
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Stephen Mann director 450 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10022

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