Care Property Invest NV/SA (FRA:8OM) Price-to-Tangible-Book : 0.73 (As of Apr. 27, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Care Property Invest NV/SA Price-to-Tangible-Book?

As of today (2024-04-27), Care Property Invest NV/SA's share price is €12.92. Care Property Invest NV/SA's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was €17.79. Hence, Care Property Invest NV/SA's Price to Tangible Book Ratio of today is 0.73.

The historical rank and industry rank for Care Property Invest NV/SA's Price-to-Tangible-Book or its related term are showing as below:

FRA:8OM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 1.73 Max: 2.48
Current: 0.74

During the past 13 years, Care Property Invest NV/SA's highest Price to Tangible Book Ratio was 2.48. The lowest was 0.67. And the median was 1.73.

FRA:8OM's Price-to-Tangible-Book is ranked better than
59.69% of 841 companies
in the REITs industry
Industry Median: 0.83 vs FRA:8OM: 0.74

A closely related ratio is called PB Ratio. As of today, Care Property Invest NV/SA's share price is €12.92. Care Property Invest NV/SA's Book Value per Sharefor the quarter that ended in Sep. 2023 was €17.79. Hence, Care Property Invest NV/SA's P/B Ratio of today is 0.73.

Care Property Invest NV/SA Price-to-Tangible-Book Historical Data

The historical data trend for Care Property Invest NV/SA'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.

Care Property Invest NV/SA Price-to-Tangible-Book Chart

Care Property Invest NV/SA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

970.11

885.76

753.87

1.43

0.77

Care Property Invest NV/SA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.85	0.77	0.68	0.68	0.63

Competitive Comparison of Care Property Invest NV/SA's Price-to-Tangible-Book

For the REIT - Healthcare Facilities subindustry, Care Property Invest NV/SA'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.

Care Property Invest NV/SA's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Care Property Invest NV/SA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Care Property Invest NV/SA's Price-to-Tangible-Book falls into.

Care Property Invest NV/SA Price-to-Tangible-Book Calculation

Care Property Invest NV/SA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	12.92	/	17.785
	=	0.73

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.

Care Property Invest NV/SA Price-to-Tangible-Book Related Terms

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

Care Property Invest NV/SA (FRA:8OM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Care Property Invest NV/SA (FRA:8OM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8OM:Germany CPINV:Belgium

Address

Horstebaan 3, Schoten, BEL, 2900

Website

https://www.carepropertyinvest.be

Care Property Invest NV/SA is a Belgian publicly regulated real estate company specialised in housing for seniors. Care Property Invest develops and finances affordable, high-quality, and attractive care infrastructure and various forms of housing for seniors and people with disabilities such as residential care centres, short-stay centres, groups of assisted living apartments, and residential complexes for people with physical and/or intellectual disabilities.

Care Property Invest NV/SA (FRA:8OM) Headlines

No Headlines