GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Gramercy Property Trust Inc (FRA:GGU1) » Definitions » PB Ratio

Gramercy Property Trust (FRA:GGU1) PB Ratio : 1.34 (As of May. 11, 2024)


View and export this data going back to . Start your Free Trial

What is Gramercy Property 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 (2024-05-11), Gramercy Property Trust's share price is €22.19. Gramercy Property Trust's Book Value per Share for the quarter that ended in Sep. 2015 was €16.62. Hence, Gramercy Property Trust's PB Ratio of today is 1.34.

Good Sign:

Gramercy Property Trust Inc stock P/B Ratio (=1.34) is close to 5-year low of 1.25

The historical rank and industry rank for Gramercy Property Trust's PB Ratio or its related term are showing as below:

FRA:GGU1' s PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 1.22   Max: 2.74
Current: 1.34

During the past 11 years, Gramercy Property Trust's highest PB Ratio was 2.74. The lowest was 0.04. And the median was 1.22.

FRA:GGU1's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.84 vs FRA:GGU1: 1.34

During the past 12 months, Gramercy Property Trust's average Book Value Per Share Growth Rate was 38.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Gramercy Property Trust was -1.50% per year. The lowest was -22.60% per year. And the median was -8.40% per year.

Back to Basics: PB Ratio


Gramercy Property Trust PB Ratio Historical Data

The historical data trend for Gramercy Property 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.

Gramercy Property Trust PB Ratio Chart

Gramercy Property Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.50

Gramercy Property Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - 1.50 1.57 - -

Competitive Comparison of Gramercy Property Trust's PB Ratio

For the REIT - Diversified subindustry, Gramercy Property 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.


Gramercy Property Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gramercy Property Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gramercy Property Trust's PB Ratio falls into.



Gramercy Property 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.

Gramercy Property Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2015)
=22.19/16.615
=1.34

* 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.


Gramercy Property Trust  (FRA:GGU1) 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.


Gramercy Property Trust PB Ratio Related Terms

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


Gramercy Property Trust (FRA:GGU1) Business Description

Traded in Other Exchanges
N/A
Address
Gramercy Property Trust Inc, formerly Gramercy Capital Corporation was formed in April 2004 as a Maryland corporation and it completed the initial public offering in August 2004. The Company is a self-managed, integrated commercial real estate investment and asset management company. Its business is segmented into two segments - Realty/Corporate, Asset Management. The Realty/Corporate segment includes activities related to investment and ownership of commercial properties with credit grade tenants throughout the United States. The Realty/Corporate segment generates revenues from rental revenues from properties that kit owns. The Asset Management segment includes activities related to third-party asset and property management of commercial properties leased primarily to financial institutions and affiliated users throughout the United States. The Asset Management segment generates revenues from fee income related to the Management Agreement with KBS and from its Joint Venture with Garrison. As of December 31, 2012, the Company owned directly or in joint venture, a portfolio of 116 office and industrial buildings totaling approximately 4.9 million square feet, net leased on a long-term basis to tenants, including Bank of America, Nestlé Waters, Philips Electronics and others. Its asset and property management business operates under the name Gramercy Asset Management. It currently manages approximately $1.7 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. Additionally, it has a commercial real estate finance business which operates under the name Gramercy Finance. It manages approximately $1.7 billion of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity and commercial mortgage-backed securities and other real estate securities which are financed through three non-recourse CDOs. It primarily competes with other REITs, specialty finance companies, insurance companies, mutual funds, hedge funds, institutional investors, investment banking firms, private equity firms, and other entities.

Gramercy Property Trust (FRA:GGU1) Headlines

No Headlines