Qualitas (ASX:QAL) Price-to-Tangible-Book : 2.05 (As of Apr. 26, 2024)

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What is Qualitas Price-to-Tangible-Book?

As of today (2024-04-26), Qualitas's share price is A$2.49. Qualitas's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.22. Hence, Qualitas's Price to Tangible Book Ratio of today is 2.05.

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

ASX:QAL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.92 Med: 2.2 Max: 2.35
Current: 2.04

During the past 2 years, Qualitas's highest Price to Tangible Book Ratio was 2.35. The lowest was 1.92. And the median was 2.20.

ASX:QAL's Price-to-Tangible-Book is ranked worse than
80.37% of 1722 companies
in the Real Estate industry
Industry Median: 0.81 vs ASX:QAL: 2.04

A closely related ratio is called PB Ratio. As of today, Qualitas's share price is A$2.49. Qualitas's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.23. Hence, Qualitas's P/B Ratio of today is 2.03.

Qualitas Price-to-Tangible-Book Historical Data

The historical data trend for Qualitas'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.

Qualitas Price-to-Tangible-Book Chart

Qualitas Annual Data

Trend

Jun21

Jun23

Price-to-Tangible-Book

2.20

Qualitas Semi-Annual Data
	Dec22	Jun23	Dec23
Price-to-Tangible-Book	2.35	2.20	1.92

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

For the Real Estate Services subindustry, Qualitas'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.

Qualitas's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Qualitas Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.49	/	1.217
	=	2.05

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.

Qualitas Price-to-Tangible-Book Related Terms

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

Qualitas (ASX:QAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Qualitas Ltd (ASX:QAL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000

Website

https://www.qualitas.com.au

Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending and the majority of its revenue is generated from direct landing.

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