Fairvest (JSE:FTB) Price-to-Tangible-Book : 0.68 (As of May. 04, 2024)

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What is Fairvest Price-to-Tangible-Book?

As of today (2024-05-04), Fairvest's share price is R3.54. Fairvest's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was R5.17. Hence, Fairvest's Price to Tangible Book Ratio of today is 0.68.

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

JSE:FTB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.78 Med: 2.78 Max: 3.1
Current: 3.03

During the past 2 years, Fairvest's highest Price to Tangible Book Ratio was 3.10. The lowest was 2.78. And the median was 2.78.

JSE:FTB's Price-to-Tangible-Book is ranked worse than
96.66% of 839 companies
in the REITs industry
Industry Median: 0.84 vs JSE:FTB: 3.03

A closely related ratio is called PB Ratio. As of today, Fairvest's share price is R3.54. Fairvest's Book Value per Sharefor the quarter that ended in Sep. 2023 was R5.17. Hence, Fairvest's P/B Ratio of today is 0.68.

Fairvest Price-to-Tangible-Book Historical Data

The historical data trend for Fairvest'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.

Fairvest Price-to-Tangible-Book Chart

Fairvest Annual Data

Trend

Jun21

Sep23

Price-to-Tangible-Book

0.62

Fairvest Semi-Annual Data
	Jun21	Mar23	Sep23
Price-to-Tangible-Book	-	0.59	0.62

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

For the REIT - Retail subindustry, Fairvest'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.

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

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

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

Fairvest Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	3.54	/	5.168
	=	0.68

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.

Fairvest Price-to-Tangible-Book Related Terms

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

Fairvest (JSE:FTB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fairvest Ltd (JSE:FTB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FTA:South Africa 2T20:Germany

Address

34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001

Website

https://www.fairvest.co.za

Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

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