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Australian REITome Fund (TSX:HRR.UN) Price-to-Tangible-Book : 0.95 (As of May. 12, 2024)


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What is Australian REITome Fund Price-to-Tangible-Book?

As of today (2024-05-12), Australian REITome Fund's share price is C$7.90. Australian REITome Fund's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was C$8.32. Hence, Australian REITome Fund's Price to Tangible Book Ratio of today is 0.95.

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

TSX:HRR.UN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 0.97   Max: 1.27
Current: 0.95

During the past 10 years, Australian REITome Fund's highest Price to Tangible Book Ratio was 1.27. The lowest was 0.92. And the median was 0.97.

TSX:HRR.UN's Price-to-Tangible-Book is not ranked
in the REITs industry.
Industry Median: 0.84 vs TSX:HRR.UN: 0.95

A closely related ratio is called PB Ratio. As of today, Australian REITome Fund's share price is C$7.90. Australian REITome Fund's Book Value per Sharefor the quarter that ended in Jun. 2023 was C$8.32. Hence, Australian REITome Fund's P/B Ratio of today is 0.95.


Australian REITome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Australian REITome Fund'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.

Australian REITome Fund Price-to-Tangible-Book Chart

Australian REITome Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.01 0.95 0.96 0.93

Australian REITome Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.98 0.96 1.27 0.93 0.99

Competitive Comparison of Australian REITome Fund's Price-to-Tangible-Book

For the REIT - Specialty subindustry, Australian REITome Fund'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.


Australian REITome Fund's Price-to-Tangible-Book Distribution in the REITs Industry

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

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



Australian REITome Fund Price-to-Tangible-Book Calculation

Australian REITome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=7.90/8.317
=0.95

* 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.


Australian REITome Fund Price-to-Tangible-Book Related Terms

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


Australian REITome Fund (TSX:HRR.UN) Business Description

Traded in Other Exchanges
N/A
Address
610 Chartwell Road, Suite 204, Oakville, ON, CAN, L6J 4A5
Australian REIT Income Fund invests in an actively managed portfolio comprised primarily of equity securities issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia. The Fund's investment objectives are to provide unitholders with stable monthly cash distributions and the opportunity for capital appreciation. The Fund is offering Series A units and Series F units.

Australian REITome Fund (TSX:HRR.UN) Headlines

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