Newmark Property REIT (ASX:NPR) Price-to-Tangible-Book : 0.83 (As of Apr. 28, 2024)

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What is Newmark Property REIT Price-to-Tangible-Book?

As of today (2024-04-28), Newmark Property REIT's share price is A$1.39. Newmark Property REIT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.68. Hence, Newmark Property REIT's Price to Tangible Book Ratio of today is 0.83.

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

ASX:NPR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61 Med: 0.7 Max: 1.07
Current: 0.83

During the past 2 years, Newmark Property REIT's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.61. And the median was 0.70.

ASX:NPR's Price-to-Tangible-Book is ranked better than
50.77% of 841 companies
in the REITs industry
Industry Median: 0.83 vs ASX:NPR: 0.83

A closely related ratio is called PB Ratio. As of today, Newmark Property REIT's share price is A$1.39. Newmark Property REIT's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.68. Hence, Newmark Property REIT's P/B Ratio of today is 0.83.

Newmark Property REIT Price-to-Tangible-Book Historical Data

The historical data trend for Newmark Property REIT'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.

Newmark Property REIT Price-to-Tangible-Book Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

0.71

0.70

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	1.07	0.71	0.70	0.70	0.61

Competitive Comparison of Newmark Property REIT's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Newmark Property REIT'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.

Newmark Property REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

Newmark Property REIT Price-to-Tangible-Book Calculation

Newmark Property REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.39	/	1.676
	=	0.83

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.

Newmark Property REIT Price-to-Tangible-Book Related Terms

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

Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

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