What is Link Real Estate Investment Trust Price-to-Tangible-Book?
As of today (2024-04-25), Link Real Estate Investment Trust's share price is HK$33.90. Link Real Estate Investment Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$70.58. Hence, Link Real Estate Investment Trust's Price to Tangible Book Ratio of today is 0.48.
The historical rank and industry rank for Link Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:
HKSE:00823'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.48 Med: 0.87 Max: 1.03
Current: 0.48
During the past 13 years, Link Real Estate Investment Trust's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.48. And the median was 0.87.
HKSE:00823's Price-to-Tangible-Book is ranked better than 86.33% of 841
companies
in the REITs industry
Industry Median: 0.84
vs HKSE:00823: 0.48
A closely related ratio is called PB Ratio. As of today, Link Real Estate Investment Trust's share price is HK$33.90. Link Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$70.72. Hence, Link Real Estate Investment Trust's P/B Ratio of today is 0.48.
Link Real Estate Investment Trust Price-to-Tangible-Book Historical Data
The historical data trend for Link Real Estate Investment Trust'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.
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Link Real Estate Investment Trust Price-to-Tangible-Book Chart
Competitive Comparison of Link Real Estate Investment Trust's Price-to-Tangible-Book
For the REIT - Retail subindustry, Link Real Estate Investment Trust'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.
Link Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Link Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Link Real Estate Investment Trust's Price-to-Tangible-Book falls into.
Link Real Estate Investment Trust Price-to-Tangible-Book Calculation
Link Real Estate Investment Trust's price-to-tangible-book ratio for today is calculated as:
* 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.
It can also be calculated from the numbers for the whole company:
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.
Link Real Estate Investment Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Link Real Estate Investment Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Link Real Estate Investment Trust (HKSE:00823) Business Description
Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 60,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail and office properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.
Link Real Estate Investment Trust (HKSE:00823) Headlines
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