What is Mid-America Apartment Communities Price-to-Tangible-Book?
As of today (2024-04-25), Mid-America Apartment Communities's share price is $128.40. Mid-America Apartment Communities's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $52.39. Hence, Mid-America Apartment Communities's Price to Tangible Book Ratio of today is 2.45.
The historical rank and industry rank for Mid-America Apartment Communities's Price-to-Tangible-Book or its related term are showing as below:
MAA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.74 Med: 2.38 Max: 4.41
Current: 2.45
During the past 13 years, Mid-America Apartment Communities's highest Price to Tangible Book Ratio was 4.41. The lowest was 1.74. And the median was 2.38.
MAA's Price-to-Tangible-Book is ranked worse than 95.01% of 841
companies
in the REITs industry
Industry Median: 0.84
vs MAA: 2.45
A closely related ratio is called PB Ratio. As of today, Mid-America Apartment Communities's share price is $128.40. Mid-America Apartment Communities's Book Value per Sharefor the quarter that ended in Dec. 2023 was $52.39. Hence, Mid-America Apartment Communities's P/B Ratio of today is 2.45.
Mid-America Apartment Communities Price-to-Tangible-Book Historical Data
The historical data trend for Mid-America Apartment Communities'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.
Competitive Comparison of Mid-America Apartment Communities's Price-to-Tangible-Book
For the REIT - Residential subindustry, Mid-America Apartment Communities'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.
Mid-America Apartment Communities's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Mid-America Apartment Communities's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Mid-America Apartment Communities's Price-to-Tangible-Book falls into.
* 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.
Mid-America Apartment Communities Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Mid-America Apartment Communities's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Mid-America Apartment Communities (Mid-America Apartment Communities) Business Description
Mid-America Apartment Communities Inc, or MAA, is a real estate investment trust engaged in the acquisition, operation, and development of multifamily apartment communities located in southeastern and southwestern United States. Company operates two reportable segments; Same Store includes communities that the Company has owned and have been stabilized for at least a full 12 months as of the first day of the calendar year and Non-Same Store and Other includes recently acquired communities, communities being developed or in lease-up, communities that have been disposed of or identified for disposition, communities that have experienced a significant casualty loss and stabilized communities that do not meet the requirements to be Same Store communities. Key revenue comes from the Same Store.
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