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Centuria Office REIT (ASX:COF) PB Ratio : 0.62 (As of Dec. 15, 2024)


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What is Centuria Office REIT PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-15), Centuria Office REIT's share price is A$1.12. Centuria Office REIT's Book Value per Share for the quarter that ended in Jun. 2024 was A$1.80. Hence, Centuria Office REIT's PB Ratio of today is 0.62.

The historical rank and industry rank for Centuria Office REIT's PB Ratio or its related term are showing as below:

ASX:COF' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.97   Max: 2.19
Current: 0.62

During the past 10 years, Centuria Office REIT's highest PB Ratio was 2.19. The lowest was 0.49. And the median was 0.97.

ASX:COF's PB Ratio is ranked better than
74.92% of 917 companies
in the REITs industry
Industry Median: 0.8 vs ASX:COF: 0.62

During the past 12 months, Centuria Office REIT's average Book Value Per Share Growth Rate was -18.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.40% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Centuria Office REIT was 34.20% per year. The lowest was -9.90% per year. And the median was 1.35% per year.

Back to Basics: PB Ratio


Centuria Office REIT PB Ratio Historical Data

The historical data trend for Centuria Office REIT's PB Ratio 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.

Centuria Office REIT PB Ratio Chart

Centuria Office REIT Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.94 0.68 0.62 0.61

Centuria Office REIT Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio 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 0.68 0.64 0.62 0.68 0.61

Competitive Comparison of Centuria Office REIT's PB Ratio

For the REIT - Office subindustry, Centuria Office REIT's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Centuria Office REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centuria Office REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Centuria Office REIT's PB Ratio falls into.



Centuria Office REIT PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Centuria Office REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=1.12/1.801
=0.62

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Centuria Office REIT  (ASX:COF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Centuria Office REIT PB Ratio Related Terms

Thank you for viewing the detailed overview of Centuria Office REIT's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Centuria Office REIT Business Description

Traded in Other Exchanges
N/A
Address
2 Chifley Square, Level 41, Chifley Tower, Sydney, NSW, AUS, 2000
Centuria Office REIT is an Australia-based pure-play office REIT. The company owns a portfolio of assets situated in core office markets throughout Australia. COF is overseen by a hands-on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets.