Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) PB Ratio : 0.48 (As of Jun. 17, 2024)

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What is Golden Ventures Leasehold Real Estate Investment Trust 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 (2024-06-17), Golden Ventures Leasehold Real Estate Investment Trust's share price is ฿5.30. Golden Ventures Leasehold Real Estate Investment Trust's Book Value per Share for the quarter that ended in Mar. 2024 was ฿11.03. Hence, Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio of today is 0.48.

Good Sign:

Golden Ventures Leasehold Real Estate Investment Trust stock PB Ratio (=0.48) is close to 10-year low of 0.48

The historical rank and industry rank for Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio or its related term are showing as below:

BKK:GVREIT' s PB Ratio Range Over the Past 10 Years
Min: 0.48 Med: 1.14 Max: 1.66
Current: 0.48

During the past 8 years, Golden Ventures Leasehold Real Estate Investment Trust's highest PB Ratio was 1.66. The lowest was 0.48. And the median was 1.14.

BKK:GVREIT's PB Ratio is ranked better than
85.03% of 855 companies
in the REITs industry
Industry Median: 0.81 vs BKK:GVREIT: 0.48

During the past 12 months, Golden Ventures Leasehold Real Estate Investment Trust's average Book Value Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Golden Ventures Leasehold Real Estate Investment Trust was 2.80% per year. The lowest was 0.60% per year. And the median was 1.90% per year.

Back to Basics: PB Ratio

Golden Ventures Leasehold Real Estate Investment Trust PB Ratio Historical Data

The historical data trend for Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust PB Ratio Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

PB Ratio

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1.55

1.09

0.93

0.81

0.55

Golden Ventures Leasehold Real Estate Investment Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															0.85	0.75	0.55	0.52	0.49

Competitive Comparison of Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio falls into.

Golden Ventures Leasehold Real Estate Investment Trust 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.

Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	5.30	/	11.034
	=	0.48

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) 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.

Golden Ventures Leasehold Real Estate Investment Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Golden Ventures Leasehold Real Estate Investment Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.gvreit.com

Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.

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