As of today (2024-04-16), RLJ Lodging Trust's share price is $11.30. RLJ Lodging Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $12.69. Hence, RLJ Lodging Trust's Price to Tangible Book Ratio of today is 0.89.
The historical rank and industry rank for RLJ Lodging Trust's Price-to-Tangible-Book or its related term are showing as below:
RLJ'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 1.1 Max: 1.87
Current: 0.89
During the past 13 years, RLJ Lodging Trust's highest Price to Tangible Book Ratio was 1.87. The lowest was 0.84. And the median was 1.10.
RLJ's Price-to-Tangible-Book is ranked worse than 55.07% of 839
companies
in the REITs industry
Industry Median: 0.85
vs RLJ: 0.89
A closely related ratio is called PB Ratio. As of today, RLJ Lodging Trust's share price is $11.30. RLJ Lodging Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $12.69. Hence, RLJ Lodging Trust's P/B Ratio of today is 0.89.
RLJ Lodging Trust Price-to-Tangible-Book Historical Data
The historical data trend for RLJ 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.
* Premium members only.
RLJ Lodging Trust Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
1.06
1.02
1.14
0.84
0.92
RLJ Lodging Trust 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
0.84
0.84
0.80
0.76
0.92
Competitive Comparison
For the REIT - Hotel & Motel subindustry, RLJ 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.
RLJ Lodging Trust Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, RLJ Lodging Trust's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where RLJ 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.
RLJ Lodging Trust Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of RLJ Lodging Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
RLJ Lodging Trust (RLJ Lodging Trust) Business Description
RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
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