Elanor Commercial Property Fund (ASX:ECF) Price-to-Tangible-Book : 0.79 (As of May. 05, 2024)

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What is Elanor Commercial Property Fund Price-to-Tangible-Book?

As of today (2024-05-05), Elanor Commercial Property Fund's share price is A$0.70. Elanor Commercial Property Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.89. Hence, Elanor Commercial Property Fund's Price to Tangible Book Ratio of today is 0.79.

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

ASX:ECF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.79 Med: 0.9 Max: 1.04
Current: 0.79

During the past 5 years, Elanor Commercial Property Fund's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.79. And the median was 0.90.

ASX:ECF's Price-to-Tangible-Book is ranked better than
52.24% of 1719 companies
in the Real Estate industry
Industry Median: 0.83 vs ASX:ECF: 0.79

A closely related ratio is called PB Ratio. As of today, Elanor Commercial Property Fund's share price is A$0.70. Elanor Commercial Property Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.89. Hence, Elanor Commercial Property Fund's P/B Ratio of today is 0.79.

Elanor Commercial Property Fund Price-to-Tangible-Book Historical Data

The historical data trend for Elanor Commercial Property Fund'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.

Elanor Commercial Property Fund Price-to-Tangible-Book Chart

Elanor Commercial Property Fund Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

0.88

0.98

0.83

0.87

Elanor Commercial Property Fund Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				0.93	0.83	0.91	0.87	0.86

Competitive Comparison of Elanor Commercial Property Fund's Price-to-Tangible-Book

For the Real Estate Services subindustry, Elanor Commercial Property Fund'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.

Elanor Commercial Property Fund's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Elanor Commercial Property Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Elanor Commercial Property Fund's Price-to-Tangible-Book falls into.

Elanor Commercial Property Fund Price-to-Tangible-Book Calculation

Elanor Commercial Property Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.70	/	0.888
	=	0.79

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.

Elanor Commercial Property Fund Price-to-Tangible-Book Related Terms

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

Elanor Commercial Property Fund (ASX:ECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elanor Commercial Property Fund (ASX:ECF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

259 George Street, Level 38, Sydney, NSW, AUS, 2000

Website

https://www.elanorinvestors.com

Elanor Commercial Property Fund is engaged in the Australian real estate investment and funds management business. The key investment sector focuses are the commercial real estate, retail real estate and the hotels, tourism and leisure sectors. The only operating business segment, being the investment in commercial properties in Australia. The company derives maximum revenue generated from a diversified portfolio of Government, Multinational and ASX listed tenants.