GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Derayah REIT Fund (SAU:4339) » Definitions » PB Ratio

Derayah REIT Fund (SAU:4339) PB Ratio : 0.81 (As of Jun. 22, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Derayah REIT Fund 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 (2024-06-22), Derayah REIT Fund's share price is ﷼6.64. Derayah REIT Fund's Book Value per Share for the quarter that ended in Dec. 2022 was ﷼8.20. Hence, Derayah REIT Fund's PB Ratio of today is 0.81.

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

SAU:4339's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.81
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Derayah REIT Fund PB Ratio Historical Data

The historical data trend for Derayah REIT Fund'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.

Derayah REIT Fund PB Ratio Chart

Derayah REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
0.85 1.13 1.09 1.50 1.23

Derayah REIT Fund Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
PB Ratio Get a 7-Day Free Trial Premium Member Only 1.09 1.53 1.50 1.31 1.23

Competitive Comparison of Derayah REIT Fund's PB Ratio

For the REIT - Diversified subindustry, Derayah REIT Fund'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.


Derayah REIT Fund's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Derayah REIT Fund's PB Ratio falls into.



Derayah REIT Fund 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.

Derayah REIT Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2022)
=6.64/8.204
=0.81

* 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.


Derayah REIT Fund  (SAU:4339) 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.


Derayah REIT Fund PB Ratio Related Terms

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


Derayah REIT Fund (SAU:4339) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Public Street, P.O Box 286546, Second Floor, Olaya Center, Riyadh, SAU, 11323
Derayah REIT Fund operates as a real estate investment company in Saudi Arabia. Its aim is to generate income on the invested capital by acquiring a number of diverse, completed, and income-generating real estate assets in Saudi Arabia with the exception of Mecca and Medina. The company services include Real Estate, Unified Trading, Margin Financing, Asset Management, Equity, and Alternative investment funds.

Derayah REIT Fund (SAU:4339) Headlines

No Headlines