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Orion Office REIT (Orion Office REIT) PB Ratio : 0.22 (As of May. 06, 2024)


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What is Orion Office REIT 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 (2024-05-06), Orion Office REIT's share price is $3.45. Orion Office REIT's Book Value per Share for the quarter that ended in Dec. 2023 was $15.88. Hence, Orion Office REIT's PB Ratio of today is 0.22.

Good Sign:

Orion Office REIT Inc stock PB Ratio (=0.22) is close to 3-year low of 0.2

The historical rank and industry rank for Orion Office REIT's PB Ratio or its related term are showing as below:

ONL' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.5   Max: 2.7
Current: 0.22

During the past 6 years, Orion Office REIT's highest PB Ratio was 2.70. The lowest was 0.20. And the median was 0.50.

ONL's PB Ratio is ranked better than
96.82% of 849 companies
in the REITs industry
Industry Median: 0.84 vs ONL: 0.22

During the past 12 months, Orion Office REIT's average Book Value Per Share Growth Rate was -7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Orion Office REIT was 22.40% per year. The lowest was 20.00% per year. And the median was 21.20% per year.

Back to Basics: PB Ratio


Orion Office REIT PB Ratio Historical Data

The historical data trend for Orion Office REIT'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.

Orion Office REIT PB Ratio Chart

Orion Office REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 0.97 0.50 0.36

Orion Office REIT Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.50 0.40 0.40 0.32 0.36

Competitive Comparison of Orion Office REIT's PB Ratio

For the REIT - Office subindustry, Orion Office REIT'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.


Orion Office REIT's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Orion Office REIT's PB Ratio falls into.



Orion Office REIT 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.

Orion Office REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=3.45/15.876
=0.22

* 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.


Orion Office REIT  (NYSE:ONL) 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.


Orion Office REIT PB Ratio Related Terms

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


Orion Office REIT (Orion Office REIT) Business Description

Traded in Other Exchanges
Address
2398 East Camelback Road, Suite 1060, Phoenix, AZ, USA, 85016
Orion Office REIT Inc is a internally-managed REIT engaged in the ownership, acquisition, and management of a diversified portfolio of mission-critical and headquarters office buildings located in high quality suburban markets across the U.S. and leased on a single-tenant net lease basis to creditworthy clients. The Company operates in one business segment: direct ownership and operation of commercial real estate.
Executives
Christopher Haviland Day officer: SEE REMARKS C/O REALTY INCOME CORPORATION, 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Revea Lynn Schmidt officer: See Remarks. C/O ORION OFFICE REIT, INC., 2325 E. CAMELBACK ROAD, SUITE 850, PHOENIX AZ 58016
Paul C Hughes officer: General Counsel & Secretary C/O HOSPITALITY INVESTORS TRUST, INC., 3950 UNIVERSITY DRIVE, FAIRFAX VA 22030
Richard J Lieb director C/O GREENHILL & CO., INC.,, 300 PARK AVENUE, NEW YORK NY 10022
Reginald Harold Gilyard director 1 FIRST AMERICAN WAY, SANTA ANA CA 92707
Kathleen Allen director
Gavin Brandon officer: SEE REMARKS 2325 E CAMELBACK RD, 9TH FLOOR, PHOENIX AZ 85016
Paul H Mcdowell director, officer: SEE REMARKS 110 MAIDEN LANE, NEW YORK NY 10005
Gregory J. Whyte director C/O TIER REIT, INC., 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Gary E Landriau officer: SEE REMARKS C/O REALTY INCOME CORPORATION, 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Christie B. Kelly director, officer: EVP, CFO & TREASURER 600 E. 96TH ST., #100, INDIANAPOLIS IN 46240
Sumit Roy director, officer: PRESIDENT AND CEO 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Michelle Bushore director, officer: EVP, CLO & SECRETARY 11995 EL CAMINO REAL, SAN DIEGO CA 92130
Realty Income Corp 10 percent owner 11995 EL CAMINO REAL, SAN DIEGO CA 92130