What is Chatham Lodging Trust Price-to-Tangible-Book?
As of today (2024-04-25), Chatham Lodging Trust's share price is $9.38. Chatham Lodging Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.88. Hence, Chatham Lodging Trust's Price to Tangible Book Ratio of today is 0.59.
The historical rank and industry rank for Chatham Lodging Trust's Price-to-Tangible-Book or its related term are showing as below:
CLDT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 1.08 Max: 1.68
Current: 0.59
During the past 13 years, Chatham Lodging Trust's highest Price to Tangible Book Ratio was 1.68. The lowest was 0.59. And the median was 1.08.
CLDT's Price-to-Tangible-Book is ranked better than 76.48% of 842
companies
in the REITs industry
Industry Median: 0.84
vs CLDT: 0.59
A closely related ratio is called PB Ratio. As of today, Chatham Lodging Trust's share price is $9.38. Chatham Lodging Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.88. Hence, Chatham Lodging Trust's P/B Ratio of today is 0.59.
Chatham Lodging Trust Price-to-Tangible-Book Historical Data
The historical data trend for Chatham Lodging 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.
Competitive Comparison of Chatham Lodging Trust's Price-to-Tangible-Book
For the REIT - Hotel & Motel subindustry, Chatham Lodging 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.
Chatham Lodging Trust's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Chatham Lodging Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Chatham Lodging Trust'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.
Chatham Lodging Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Chatham Lodging Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Chatham Lodging Trust (Chatham Lodging Trust) Business Description
Chatham Lodging Trust is a U.S.-based real estate investment trust that invests in upscale extended-stay hotels. The firm operates across various states in the U.S., including California, New York, Texas, Florida, Minnesota, Massachusetts, and Pennsylvania among others. Substantially all of the company's assets are held and operated by its Operating Partnership, Chatham Lodging, LP. Chatham Lodging LP and its subsidiaries lease the overall company's hotels. The firm operates through a single segment because of the similar economic characteristics of its hotels. Chatham's revenue streams include Room, Food and beverage, and Other. Room comprises the majority of total revenue. Chatham's hotels operate under major brands, including Hilton, Marriott, and Hyatt.
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