GPT Group (GPT Group) Price-to-Tangible-Book : 0.70 (As of Apr. 27, 2024)

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What is GPT Group Price-to-Tangible-Book?

As of today (2024-04-27), GPT Group's share price is $2.612. GPT Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.75. Hence, GPT Group's Price to Tangible Book Ratio of today is 0.70.

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

GPTGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 0.97 Max: 1.15
Current: 0.73

During the past 13 years, GPT Group's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.70. And the median was 0.97.

GPTGF's Price-to-Tangible-Book is ranked better than
61.71% of 841 companies
in the REITs industry
Industry Median: 0.83 vs GPTGF: 0.73

A closely related ratio is called PB Ratio. As of today, GPT Group's share price is $2.612. GPT Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.76. Hence, GPT Group's P/B Ratio of today is 0.69.

GPT Group Price-to-Tangible-Book Historical Data

The historical data trend for GPT Group'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.

GPT Group Price-to-Tangible-Book Chart

GPT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.05

0.80

0.88

0.69

0.82

GPT Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.88	0.66	0.69	0.73	0.82

Competitive Comparison of GPT Group's Price-to-Tangible-Book

For the REIT - Diversified subindustry, GPT Group'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.

GPT Group's Price-to-Tangible-Book Distribution in the REITs Industry

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

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

GPT Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.612	/	3.754
	=	0.70

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.

GPT Group Price-to-Tangible-Book Related Terms

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

GPT Group (GPT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » GPT Group (OTCPK:GPTGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

46T:Germany GPT:Australia

Address

25 Martin Place, Level 51, Sydney, NSW, AUS, 2000

Website

https://www.gpt.com.au

GPT Group was listed in 1971 and is Australia's oldest listed property trust. The business strategy is not particularly differentiated from peers, other than through its somewhat conservative gearing and modest emphasis on development activity. The portfolio weighting to industrial is a major growth area for the firm. GPT remains dominated by retail malls that generate about a third of its revenue, and another quarter from office.