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Industrials REIT (JSE:MLI) Price-to-Tangible-Book

: 1.18 (As of Today)
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As of today (2024-04-23), Industrials REIT's share price is R39.10. Industrials REIT's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was R33.23. Hence, Industrials REIT's Price to Tangible Book Ratio of today is 1.18.

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

JSE:MLI's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.84
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Industrials REIT's share price is R39.10. Industrials REIT's Book Value per Sharefor the quarter that ended in Sep. 2022 was R33.50. Hence, Industrials REIT's P/B Ratio of today is 1.17.


Industrials REIT Price-to-Tangible-Book Historical Data

The historical data trend for Industrials REIT'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.

Industrials REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Price-to-Tangible-Book
Premium Member Only Premium Member Only 0.78 0.78 0.75 0.98 1.09

Industrials REIT Semi-Annual Data
Sep13 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.98 1.19 1.09 0.79

Competitive Comparison

For the REIT - Industrial subindustry, Industrials REIT'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.


Industrials REIT Price-to-Tangible-Book Distribution

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

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



Industrials REIT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=39.10/33.231
=1.18

* 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.


Industrials REIT Price-to-Tangible-Book Related Terms

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


Industrials REIT (JSE:MLI) Business Description

Traded in Other Exchanges
N/A
Address
180 Great Portland Street, 3rd Floor, London, GBR, W1W 5QZ
Industrials REIT Ltd specializes in the ownership and operation of UK multi-let industrial (MLI) property. Its purpose is to revolutionize the MLI sector in the UK for the benefit of stakeholders.