Stride Property (NZSE:SPG) PB Ratio : 0.74 (As of Dec. 15, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Stride Property 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 (2024-12-15), Stride Property's share price is NZ$1.29. Stride Property's Book Value per Share for the quarter that ended in Sep. 2024 was NZ$1.75. Hence, Stride Property's PB Ratio of today is 0.74.

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

NZSE:SPG' s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.97 Max: 1.25
Current: 0.74

During the past 13 years, Stride Property's highest PB Ratio was 1.25. The lowest was 0.56. And the median was 0.97.

NZSE:SPG's PB Ratio is ranked better than
56.75% of 1734 companies
in the Real Estate industry
Industry Median: 0.83 vs NZSE:SPG: 0.74

During the past 12 months, Stride Property's average Book Value Per Share Growth Rate was -5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Stride Property was 6.60% per year. The lowest was -6.20% per year. And the median was 3.20% per year.

Back to Basics: PB Ratio

Stride Property PB Ratio Historical Data

The historical data trend for Stride Property'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.

Stride Property PB Ratio Chart

Stride Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

0.70

1.06

0.87

0.66

0.76

Stride Property Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
PB Ratio	Get a 7-Day Free Trial															0.78	0.66	0.69	0.76	0.80

Competitive Comparison of Stride Property's PB Ratio

For the Real Estate Services subindustry, Stride Property'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.

Stride Property's PB Ratio Distribution in the Real Estate Industry

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

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

Stride Property 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	1.29	/	1.753
	=	0.74

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.

Stride Property (NZSE:SPG) 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.

Stride Property PB Ratio Related Terms

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

Stride Property Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stride Property Ltd (NZSE:SPG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010

Website

https://www.strideproperty.co.nz

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.