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Glimcher Realty Trust (FRA:GRY) PB Ratio : 6.42 (As of Jun. 23, 2024)


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What is Glimcher Realty 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 (2024-06-23), Glimcher Realty Trust's share price is €10.15. Glimcher Realty Trust's Book Value per Share for the quarter that ended in Sep. 2014 was €1.58. Hence, Glimcher Realty Trust's PB Ratio of today is 6.42.

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

FRA:GRY' s PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 4.75   Max: 253.64
Current: 6.89

During the past 13 years, Glimcher Realty Trust's highest PB Ratio was 253.64. The lowest was 2.33. And the median was 4.75.

FRA:GRY's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.81 vs FRA:GRY: 6.89

During the past 12 months, Glimcher Realty Trust's average Book Value Per Share Growth Rate was -26.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 67.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Glimcher Realty Trust was 67.30% per year. The lowest was -61.60% per year. And the median was -7.55% per year.

Back to Basics: PB Ratio


Glimcher Realty Trust PB Ratio Historical Data

The historical data trend for Glimcher Realty 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.

Glimcher Realty Trust PB Ratio Chart

Glimcher Realty Trust Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.12 - -

Glimcher Realty Trust Quarterly Data
Sep09 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - - - 6.42

Competitive Comparison of Glimcher Realty Trust's PB Ratio

For the REIT - Retail subindustry, Glimcher Realty 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.


Glimcher Realty Trust's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Glimcher Realty Trust's PB Ratio falls into.



Glimcher Realty 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.

Glimcher Realty Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2014)
=10.15/1.582
=6.42

* 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.


Glimcher Realty Trust  (FRA:GRY) 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.


Glimcher Realty Trust PB Ratio Related Terms

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Glimcher Realty Trust (FRA:GRY) Business Description

Traded in Other Exchanges
N/A
Address
Glimcher Realty Trust is a self-administered and self-managed Maryland real estate investment trust which was formed on September 1, 1993. The Company and its affiliates are engaged in owning, leasing, acquiring, developing and operating a portfolio of retail properties consisting of regional and super regional malls and community shopping centers. At December 31, 2013, the Company owned material interests in and managed 28 properties - 25 wholly-owned and 3 partially owned through joint ventures which are located in 15 states. The Properties contain an aggregate of approximately 19.3 million square feet of gross leasable area of which approximately 95.6% was occupied at December 31, 2013. The Malls provide a range of shopping alternatives to serve the needs of customers in all market segments. The Company's Malls are in various formats such as enclosed regional malls, open-air retail centers, and outlet centers. Malls are generally anchored by multiple department stores such as Belk's, The Bon-Ton, Boscov's, Dick's Sporting Goods, Dillard's, Elder-Beerman, Herberger's, JCPenney, Kohl's, Macy's, Saks, Sears, and Von Maur. Mall stores, most of which are national retailers, include Abercrombie & Fitch, American Eagle Outfitters, Apple, Bath & Body Works, Express, Finish Line, Foot Locker, Forever 21, H&M, Hallmark, Kay Jewelers, The Limited, lululemon athletica, Pacific Sunwear, and Victoria's Secret. The Malls also have additional restaurants and retail businesses, such as Benihana, Cheesecake Factory, P.F. Chang's, and Red Lobster, located along the perimeter of the parking areas. The Company's Community Centers are designed to attract local and regional area customers and are typically anchored by a combination of discount department stores or supermarkets which attract shoppers to each center's smaller shops. The tenants at the Company's Community Centers typically offer day-to-day necessities and value-oriented merchandise. Many of the Community Centers have retail businesses or restaurants located along the perimeter of the parking areas. There are numerous shopping facilities that compete with the Company's Properties in attracting retailers to lease space.

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