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Westfield (Westfield) Price-to-Tangible-Book : 1.35 (As of Apr. 26, 2024)


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What is Westfield Price-to-Tangible-Book?

As of today (2024-04-26), Westfield's share price is $6.755. Westfield's Tangible Book per Share of Dec. 2017 for the quarter that ended in Dec. 2017 was $5.01. Hence, Westfield's Price to Tangible Book Ratio of today is 1.35.

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

WEFIF's Price-to-Tangible-Book is not ranked *
in the REITs industry.
Industry Median: 0.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Westfield's share price is $6.755. Westfield's Book Value per Sharefor the quarter that ended in Dec. 2017 was $5.10. Hence, Westfield's P/B Ratio of today is 1.33.


Westfield Price-to-Tangible-Book Historical Data

The historical data trend for Westfield'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.

Westfield Price-to-Tangible-Book Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.97 1.55 1.39 1.40

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 1.55 1.77 1.39 1.36 1.40

Competitive Comparison of Westfield's Price-to-Tangible-Book

For the REIT - Retail subindustry, Westfield'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.


Westfield's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Westfield Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2017 )
=6.755/5.011
=1.35

* 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.


Westfield Price-to-Tangible-Book Related Terms

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


Westfield (Westfield) Business Description

Traded in Other Exchanges
N/A
Address
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.

Westfield (Westfield) Headlines

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