Crombie Real Estate Investment Trust (TSX:CRR.UN) Price-to-Tangible-Book : 1.27 (As of Apr. 26, 2024)

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What is Crombie Real Estate Investment Trust Price-to-Tangible-Book?

As of today (2024-04-26), Crombie Real Estate Investment Trust's share price is C$12.83. Crombie Real Estate Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$10.08. Hence, Crombie Real Estate Investment Trust's Price to Tangible Book Ratio of today is 1.27.

The historical rank and industry rank for Crombie Real Estate Investment Trust's Price-to-Tangible-Book or its related term are showing as below:

TSX:CRR.UN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 1.48 Max: 1.92
Current: 1.27

During the past 13 years, Crombie Real Estate Investment Trust's highest Price to Tangible Book Ratio was 1.92. The lowest was 1.27. And the median was 1.48.

TSX:CRR.UN's Price-to-Tangible-Book is ranked worse than
81.69% of 841 companies
in the REITs industry
Industry Median: 0.84 vs TSX:CRR.UN: 1.27

A closely related ratio is called PB Ratio. As of today, Crombie Real Estate Investment Trust's share price is C$12.83. Crombie Real Estate Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$10.08. Hence, Crombie Real Estate Investment Trust's P/B Ratio of today is 1.27.

Crombie Real Estate Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Crombie Real Estate Investment 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.

Crombie Real Estate Investment Trust Price-to-Tangible-Book Chart

Crombie Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.66

1.54

1.92

1.53

1.37

Crombie Real Estate Investment 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	Get a 7-Day Free Trial															1.53	1.48	1.34	1.23	1.37

Competitive Comparison of Crombie Real Estate Investment Trust's Price-to-Tangible-Book

For the REIT - Diversified subindustry, Crombie Real Estate Investment 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.

Crombie Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where Crombie Real Estate Investment Trust's Price-to-Tangible-Book falls into.

Crombie Real Estate Investment Trust Price-to-Tangible-Book Calculation

Crombie Real Estate Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.83	/	10.077
	=	1.27

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Crombie Real Estate Investment Trust Price-to-Tangible-Book Related Terms

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

Crombie Real Estate Investment Trust (TSX:CRR.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crombie Real Estate Investment Trust (TSX:CRR.UN) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

CROMF:USA

Address

610 East River Road, Suite 200, New Glasgow, NS, CAN, B2H 3S2

Website

https://www.crombiereit.ca

Crombie Real Estate Investment Trust is a Canada-based open-end REIT that focuses on the retail industry. The company invests, operates, and develops a portfolio of grocery-store- and drugstore-anchored shopping centres, freestanding stores, offices, and mixed-use developments. The properties are located primarily in Canada's urban and suburban markets. Crombie's major tenants include retailers such as Sobeys, Shoppers Drug Mart, Cineplex, and Province of Nova Scotia. The company's property portfolio includes Aberdeen Business Centre, Barrington Place, Brunswick Place, Kenmount Business Centre, Barrington Tower, CIBC Building, Amherst Centre, Avalon Mall, County Fair Mall, and others.

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