As of today (2024-04-24), Lendlease Group's share price is $4.13. Lendlease Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.92. Hence, Lendlease Group's Price to Tangible Book Ratio of today is 0.84.
The historical rank and industry rank for Lendlease Group's Price-to-Tangible-Book or its related term are showing as below:
LLESY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 1.7 Max: 2.53
Current: 0.91
During the past 13 years, Lendlease Group's highest Price to Tangible Book Ratio was 2.53. The lowest was 0.84. And the median was 1.70.
LLESY's Price-to-Tangible-Book is ranked worse than 54.53% of 1722
companies
in the Real Estate industry
Industry Median: 0.81
vs LLESY: 0.91
A closely related ratio is called PB Ratio. As of today, Lendlease Group's share price is $4.13. Lendlease Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.11. Hence, Lendlease Group's P/B Ratio of today is 0.68.
Lendlease Group Price-to-Tangible-Book Historical Data
The historical data trend for Lendlease Group'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 Lendlease Group's Price-to-Tangible-Book
For the Real Estate - Diversified subindustry, Lendlease Group'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.
Lendlease Group's Price-to-Tangible-Book Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Lendlease Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lendlease Group's Price-to-Tangible-Book falls into.
Lendlease Group Price-to-Tangible-Book Calculation
Lendlease Group's price-to-tangible-book ratio for today is calculated as:
* 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.
Lendlease Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Lendlease Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Lendlease Group (Lendlease Group) Business Description
Lendlease's business comprises three segments: development, investments, and construction. Development accounted for more than half of EBITDA in 2020, and the future pipeline is so large it cannot be funded from its own balance sheet. The group is selling stakes in mature projects to its funds management clients. This sacrifices development profit, in return for management fees, reduced risk, and capital to accelerate new projects in the pipeline. Construction generates large revenues but slim margins. This business is retained to preserve expertise and scale for the development business. Lendlease sold its engineering and services business during the pandemic, but retains some risks, notably the Melbourne Metro project. It is also reducing its exposure to retirement living.
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