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Aareal Bank AG (Aareal Bank AG) Price-to-Tangible-Book : 0.71 (As of May. 12, 2024)


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What is Aareal Bank AG Price-to-Tangible-Book?

As of today (2024-05-12), Aareal Bank AG's share price is $31.99. Aareal Bank AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $45.09. Hence, Aareal Bank AG's Price to Tangible Book Ratio of today is 0.71.

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

AAALF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 0.72   Max: 0.84
Current: 0.81

During the past 13 years, Aareal Bank AG's highest Price to Tangible Book Ratio was 0.84. The lowest was 0.43. And the median was 0.72.

AAALF's Price-to-Tangible-Book is not ranked
in the Banks industry.
Industry Median: 0.93 vs AAALF: 0.81

A closely related ratio is called PB Ratio. As of today, Aareal Bank AG's share price is $31.99. Aareal Bank AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was $58.21. Hence, Aareal Bank AG's P/B Ratio of today is 0.55.


Aareal Bank AG Price-to-Tangible-Book Historical Data

The historical data trend for Aareal Bank AG'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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Aareal Bank AG Price-to-Tangible-Book Chart

Aareal Bank AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.38 0.65 0.69 -

Aareal Bank AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 0.69 0.67 0.67 0.67 -

Competitive Comparison of Aareal Bank AG's Price-to-Tangible-Book

For the Banks - Regional subindustry, Aareal Bank AG'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.


Aareal Bank AG's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Aareal Bank AG's Price-to-Tangible-Book distribution charts can be found below:

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



Aareal Bank AG Price-to-Tangible-Book Calculation

Aareal Bank AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=31.99/45.091
=0.71

* 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.


Aareal Bank AG Price-to-Tangible-Book Related Terms

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


Aareal Bank AG (Aareal Bank AG) Business Description

Traded in Other Exchanges
Address
Paulinenstrasse 15, Wiesbaden, HE, DEU, 65189
Aareal Bank AG is the parent company of the Aareal Bank Group, an international purveyor of financing services that specializes in commercial property financing. The group's companies are organized into three business segments: structured property financing and Banking and Digital solutions and Aareon. Under its structured property financing segment, the group serves its customers' projects in Europe, North America, and Asia. The bank's strategic focus emphasizes local market expertise combined with sector-specific knowledge. Its commercial property financing particularly includes office buildings, hotels, retail, logistics, and residential properties. Most of the bank's new financing opportunities take place in Western Europe.

Aareal Bank AG (Aareal Bank AG) Headlines

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