Town Centre Securities (LSE:TOWN) PB Ratio : 0.50 (As of Mar. 23, 2025)

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What is Town Centre Securities 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 (2025-03-23), Town Centre Securities's share price is £1.41. Town Centre Securities's Book Value per Share for the quarter that ended in Jun. 2024 was £2.84. Hence, Town Centre Securities's PB Ratio of today is 0.50.

The historical rank and industry rank for Town Centre Securities's PB Ratio or its related term are showing as below:

LSE:TOWN' s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.53 Max: 1.02
Current: 0.49

During the past 13 years, Town Centre Securities's highest PB Ratio was 1.02. The lowest was 0.27. And the median was 0.53.

LSE:TOWN's PB Ratio is ranked better than
83.7% of 914 companies
in the REITs industry
Industry Median: 0.81 vs LSE:TOWN: 0.49

During the past 12 months, Town Centre Securities's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Town Centre Securities was 24.60% per year. The lowest was -25.50% per year. And the median was 5.30% per year.

Back to Basics: PB Ratio

Town Centre Securities PB Ratio Historical Data

The historical data trend for Town Centre Securities'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.

Town Centre Securities PB Ratio Chart

Town Centre Securities Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

PB Ratio

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0.33

0.49

0.39

0.43

0.47

Town Centre Securities Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
PB Ratio	Get a 7-Day Free Trial															0.39	0.48	0.43	0.47	0.47

Competitive Comparison of Town Centre Securities's PB Ratio

For the REIT - Diversified subindustry, Town Centre Securities'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.

Town Centre Securities's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Town Centre Securities's PB Ratio falls into.

Town Centre Securities 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.

Town Centre Securities's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	1.41	/	2.843
	=	0.50

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.

Town Centre Securities (LSE:TOWN) 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.

Town Centre Securities PB Ratio Related Terms

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Town Centre Securities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Town Centre Securities PLC (LSE:TOWN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TOWNl:UK TOWN.GB:UK

Address

Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY

Website

https://www.tcs-plc.co.uk

Town Centre Securities PLC is a United Kingdom-based company engaged in property investment, development, trading, and the provision of hotel and car parks. The company operates in four business segments comprising property rental, car park operations, hotel operations, and investments. Geographically their operations are performed wholly in the United Kingdom. It serves various sectors such as retail, leisure, office, car parking, distribution, and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives its revenue from the Property Rental segment.