CDPYF PB Ratio : 0.75 (As of Dec. 13, 2024)

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What is Canadian Apartment Properties 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 (2024-12-13), Canadian Apartment Properties Real Estate Investment Trust's share price is $31.2695. Canadian Apartment Properties Real Estate Investment Trust's Book Value per Share for the quarter that ended in Sep. 2024 was $41.72. Hence, Canadian Apartment Properties Real Estate Investment Trust's PB Ratio of today is 0.75.

Good Sign:

Canadian Apartment Properties Real Estate Investment Trust stock PB Ratio (=0.8) is close to 2-year low of 0.74

The historical rank and industry rank for Canadian Apartment Properties Real Estate Investment Trust's PB Ratio or its related term are showing as below:

CDPYF' s PB Ratio Range Over the Past 10 Years
Min: 0.71 Med: 1 Max: 1.3
Current: 0.8

During the past 13 years, Canadian Apartment Properties Real Estate Investment Trust's highest PB Ratio was 1.30. The lowest was 0.71. And the median was 1.00.

CDPYF's PB Ratio is ranked better than
51.48% of 915 companies
in the REITs industry
Industry Median: 0.8 vs CDPYF: 0.80

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average Book Value Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Canadian Apartment Properties Real Estate Investment Trust was 54.40% per year. The lowest was -12.50% per year. And the median was 6.35% per year.

Back to Basics: PB Ratio

Canadian Apartment Properties Real Estate Investment Trust PB Ratio Historical Data

The historical data trend for Canadian Apartment Properties 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.

Canadian Apartment Properties Real Estate Investment Trust PB Ratio Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.09

0.93

1.01

0.73

0.90

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.82	0.90	0.83	0.79	0.97

Competitive Comparison of Canadian Apartment Properties Real Estate Investment Trust's PB Ratio

For the REIT - Residential subindustry, Canadian Apartment Properties 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.

Canadian Apartment Properties Real Estate Investment Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Canadian Apartment Properties Real Estate Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Apartment Properties Real Estate Investment Trust's PB Ratio falls into.

Canadian Apartment Properties 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.

Canadian Apartment Properties Real Estate Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	31.2695	/	41.72
	=	0.75

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.

Canadian Apartment Properties Real Estate Investment Trust (OTCPK:CDPYF) 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.

Canadian Apartment Properties Real Estate Investment Trust PB Ratio Related Terms

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Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (OTCPK:CDPYF) » Definitions » PB Ratio

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0OJ:Germany CAR.UN:Canada

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.