alstria office REIT-AG (XTER:AOX) Price-to-Tangible-Book : 0.38 (As of Apr. 25, 2024)

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What is alstria office REIT-AG Price-to-Tangible-Book?

As of today (2024-04-25), alstria office REIT-AG's share price is €3.45. alstria office REIT-AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €9.06. Hence, alstria office REIT-AG's Price to Tangible Book Ratio of today is 0.38.

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

XTER:AOX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.95 Max: 1.16
Current: 0.38

During the past 13 years, alstria office REIT-AG's highest Price to Tangible Book Ratio was 1.16. The lowest was 0.38. And the median was 0.95.

XTER:AOX's Price-to-Tangible-Book is ranked better than
90.96% of 841 companies
in the REITs industry
Industry Median: 0.84 vs XTER:AOX: 0.38

A closely related ratio is called PB Ratio. As of today, alstria office REIT-AG's share price is €3.45. alstria office REIT-AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €9.06. Hence, alstria office REIT-AG's P/B Ratio of today is 0.38.

alstria office REIT-AG Price-to-Tangible-Book Historical Data

The historical data trend for alstria office REIT-AG'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.

alstria office REIT-AG Price-to-Tangible-Book Chart

alstria office REIT-AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.94

0.81

1.03

0.54

0.40

alstria office REIT-AG 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															0.54	0.42	0.35	0.26	0.40

Competitive Comparison of alstria office REIT-AG's Price-to-Tangible-Book

For the REIT - Office subindustry, alstria office REIT-AG'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.

alstria office REIT-AG's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where alstria office REIT-AG's Price-to-Tangible-Book falls into.

alstria office REIT-AG Price-to-Tangible-Book Calculation

alstria office REIT-AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.45	/	9.055
	=	0.38

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.

alstria office REIT-AG Price-to-Tangible-Book Related Terms

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

alstria office REIT-AG (XTER:AOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » alstria office REIT-AG (XTER:AOX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ALSRF:USA 0O9Q:UK AOX:Austria

Address

Steinstrasse 7, Hamburg, DEU, 20095

Website

https://www.alstria.com

alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

Executives

Olivier Elamine

Board of Directors

alstria office REIT-AG (XTER:AOX) Headlines

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