Growthpoint Properties Australia (ASX:GOZ) Price-to-Tangible-Book : 0.74 (As of Jul. 08, 2025)

View and export this data going back to 2007. Start your Free Trial

What is Growthpoint Properties Australia Price-to-Tangible-Book?

As of today (2025-07-08), Growthpoint Properties Australia's share price is A$2.39. Growthpoint Properties Australia's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was A$3.21. Hence, Growthpoint Properties Australia's Price to Tangible Book Ratio of today is 0.74.

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

ASX:GOZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 1.04 Max: 1.26
Current: 0.74

During the past 13 years, Growthpoint Properties Australia's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.62. And the median was 1.04.

ASX:GOZ's Price-to-Tangible-Book is ranked better than
60.46% of 913 companies
in the REITs industry
Industry Median: 0.83 vs ASX:GOZ: 0.74

A closely related ratio is called PB Ratio. As of today, Growthpoint Properties Australia's share price is A$2.39. Growthpoint Properties Australia's Book Value per Sharefor the quarter that ended in Dec. 2024 was A$3.22. Hence, Growthpoint Properties Australia's P/B Ratio of today is 0.74.

Growthpoint Properties Australia Price-to-Tangible-Book Historical Data

The historical data trend for Growthpoint Properties Australia'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.

Growthpoint Properties Australia Price-to-Tangible-Book Chart

Growthpoint Properties Australia Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.88

0.98

0.75

0.70

0.63

Growthpoint Properties Australia Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.70	0.70	0.62	0.63	0.74

Competitive Comparison of Growthpoint Properties Australia's Price-to-Tangible-Book

For the REIT - Office subindustry, Growthpoint Properties Australia'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.

Growthpoint Properties Australia's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Save Embed

;

Save Embed

;

Growthpoint Properties Australia Price-to-Tangible-Book Calculation

Growthpoint Properties Australia's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2024 )
	=	2.39	/	3.213
	=	0.74

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.

Growthpoint Properties Australia Price-to-Tangible-Book Related Terms

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

Growthpoint Properties Australia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Australia (ASX:GOZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IVP1:Germany

Address

Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.growthpoint.com.au

Growthpoint Properties Australia is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Its assets are typically smaller, but it has maintained high occupancy at its sites. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia Headlines

No Headlines