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Dexus (DEXSF) Price-to-Tangible-Book

: 0.71 (As of Today)
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As of today (2024-04-22), Dexus's share price is $4.711. Dexus's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.65. Hence, Dexus's Price to Tangible Book Ratio of today is 0.71.

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

DEXSF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65   Med: 1.04   Max: 1.25
Current: 0.71

During the past 13 years, Dexus's highest Price to Tangible Book Ratio was 1.25. The lowest was 0.65. And the median was 1.04.

DEXSF's Price-to-Tangible-Book is ranked better than
63.36% of 846 companies
in the REITs industry
Industry Median: 0.83 vs DEXSF: 0.71

A closely related ratio is called PB Ratio. As of today, Dexus's share price is $4.711. Dexus's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.08. Hence, Dexus's P/B Ratio of today is 0.67.


Dexus Price-to-Tangible-Book Historical Data

The historical data trend for Dexus'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.

Dexus Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 0.88 0.96 0.74 0.72

Dexus Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.98 0.74 0.71 0.72 0.74

Competitive Comparison

For the REIT - Office subindustry, Dexus'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.


Dexus Price-to-Tangible-Book Distribution

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

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



Dexus Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.711/6.654
=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.


Dexus Price-to-Tangible-Book Related Terms

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


Dexus (DEXSF) Business Description

Industry
Traded in Other Exchanges
Address
Level 30, 50 Bridge Street, Sydney, NSW, AUS, 2000
Dexus is a major Australian property owner, developer, and manager. It owns a large, high-grade office portfolio and a smaller industrial portfolio in Australia. It also manages properties on behalf of third-party investors. Dexus was formed by the merger of Deutsche Office, Industrial and Diversified Trusts. Management is internal, as opposed to external, as it is for some peers.

Dexus (DEXSF) Headlines

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