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Land Securities Group (Land Securities Group) PB Ratio : 0.75 (As of Apr. 27, 2024)


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What is Land Securities Group 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 (2024-04-27), Land Securities Group's share price is $8.32. Land Securities Group's Book Value per Share for the quarter that ended in Sep. 2023 was $11.09. Hence, Land Securities Group's PB Ratio of today is 0.75.

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

LDSCY' s PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.7   Max: 1.22
Current: 0.73

During the past 13 years, Land Securities Group's highest PB Ratio was 1.22. The lowest was 0.42. And the median was 0.70.

LDSCY's PB Ratio is ranked better than
63.85% of 852 companies
in the REITs industry
Industry Median: 0.825 vs LDSCY: 0.73

During the past 12 months, Land Securities Group's average Book Value Per Share Growth Rate was -11.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Land Securities Group was 26.80% per year. The lowest was -28.40% per year. And the median was 5.90% per year.

Back to Basics: PB Ratio


Land Securities Group PB Ratio Historical Data

The historical data trend for Land Securities Group'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.

Land Securities Group PB Ratio Chart

Land Securities Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.45 0.72 0.74 0.60

Land Securities Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.69 0.74 0.48 0.60 0.65

Competitive Comparison of Land Securities Group's PB Ratio

For the REIT - Diversified subindustry, Land Securities Group'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.


Land Securities Group's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Land Securities Group's PB Ratio falls into.



Land Securities Group 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.

Land Securities Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=8.32/11.088
=0.75

* 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.


Land Securities Group  (OTCPK:LDSCY) 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.


Land Securities Group PB Ratio Related Terms

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


Land Securities Group (Land Securities Group) Business Description

Traded in Other Exchanges
Address
100 Victoria Street, London, GBR, SW1E 5JL
Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.

Land Securities Group (Land Securities Group) Headlines

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