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Minto Apartment REIT (TSX:MI.UN) Price-to-Tangible-Book : 0.48 (As of Jun. 28, 2025)


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What is Minto Apartment REIT Price-to-Tangible-Book?

As of today (2025-06-28), Minto Apartment REIT's share price is C$13.99. Minto Apartment REIT's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was C$28.90. Hence, Minto Apartment REIT's Price to Tangible Book Ratio of today is 0.48.

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

TSX:MI.UN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.83   Max: 1.35
Current: 0.48

During the past 10 years, Minto Apartment REIT's highest Price to Tangible Book Ratio was 1.35. The lowest was 0.41. And the median was 0.83.

TSX:MI.UN's Price-to-Tangible-Book is ranked better than
86.51% of 912 companies
in the REITs industry
Industry Median: 0.83 vs TSX:MI.UN: 0.48

A closely related ratio is called PB Ratio. As of today, Minto Apartment REIT's share price is C$13.99. Minto Apartment REIT's Book Value per Sharefor the quarter that ended in Mar. 2025 was C$28.90. Hence, Minto Apartment REIT's P/B Ratio of today is 0.48.


Minto Apartment REIT Price-to-Tangible-Book Historical Data

The historical data trend for Minto Apartment REIT'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.

Minto Apartment REIT Price-to-Tangible-Book Chart

Minto Apartment REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.87 0.46 0.60 0.47

Minto Apartment REIT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.60 0.55 0.65 0.47 0.47

Competitive Comparison of Minto Apartment REIT's Price-to-Tangible-Book

For the REIT - Residential subindustry, Minto Apartment REIT'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.


Minto Apartment REIT's Price-to-Tangible-Book Distribution in the REITs Industry

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

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


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Minto Apartment REIT Price-to-Tangible-Book Calculation

Minto Apartment REIT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=13.99/28.901
=0.48

* 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.


Minto Apartment REIT Price-to-Tangible-Book Related Terms

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


Minto Apartment REIT Business Description

Traded in Other Exchanges
Address
180 Kent Street, Suite 200, Ottawa, ON, CAN, K1P 0B6
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.

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