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Real Estate Investors (LSE:RLE) PB Ratio : 0.62 (As of May. 16, 2024)


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What is Real Estate Investors 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 (2024-05-16), Real Estate Investors's share price is £0.34. Real Estate Investors's Book Value per Share for the quarter that ended in Dec. 2023 was £0.55. Hence, Real Estate Investors's PB Ratio of today is 0.62.

The historical rank and industry rank for Real Estate Investors's PB Ratio or its related term are showing as below:

LSE:RLE' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.8   Max: 1.2
Current: 0.62

During the past 13 years, Real Estate Investors's highest PB Ratio was 1.20. The lowest was 0.40. And the median was 0.80.

LSE:RLE's PB Ratio is ranked better than
75.53% of 850 companies
in the REITs industry
Industry Median: 0.83 vs LSE:RLE: 0.62

During the past 12 months, Real Estate Investors's average Book Value Per Share Growth Rate was -12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Real Estate Investors was 5.60% per year. The lowest was -14.30% per year. And the median was -2.70% per year.

Back to Basics: PB Ratio


Real Estate Investors PB Ratio Historical Data

The historical data trend for Real Estate Investors'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.

Real Estate Investors PB Ratio Chart

Real Estate Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.62 0.68 0.46 0.55

Real Estate Investors Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.56 0.46 0.49 0.55

Competitive Comparison of Real Estate Investors's PB Ratio

For the REIT - Diversified subindustry, Real Estate Investors'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.


Real Estate Investors's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Real Estate Investors's PB Ratio falls into.



Real Estate Investors 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.

Real Estate Investors's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.34/0.55
=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.


Real Estate Investors  (LSE:RLE) 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.


Real Estate Investors PB Ratio Related Terms

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


Real Estate Investors (LSE:RLE) Business Description

Traded in Other Exchanges
Address
75-77 Colmore Row, 2nd Floor, Birmingham, GBR, B3 2AP
Real Estate Investors PLC operates as a real estate investment trust in the United Kingdom. The property investment firm has interests in commercial and residential properties throughout the country. Its portfolio is diversified by property type and tenant, with a mix of office, retail, and residential assets. The company invests in well located, real estate assets in the established and markets of central Birmingham and the Midlands. Its source of income is in the form of rents derived from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers.

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