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Equity Commonwealth (Equity Commonwealth) PB Ratio

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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 (2024-04-23), Equity Commonwealth's share price is $24.99. Equity Commonwealth's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, Equity Commonwealth's PB Ratio of today is .

Good Sign:

Equity Commonwealth stock PB Ratio (=0.88) is close to 1-year low of 0.86

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

EQCPRECL.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.13   Max: 1.33
Current: 0.88

During the past 13 years, Equity Commonwealth's highest PB Ratio was 1.33. The lowest was 0.77. And the median was 1.13.

EQCPRECL.PFD's PB Ratio is ranked worse than
54.03% of 857 companies
in the REITs industry
Industry Median: 0.84 vs EQCPRECL.PFD: 0.88

During the past 12 months, Equity Commonwealth's average Book Value Per Share Growth Rate was -14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Equity Commonwealth was 16.80% per year. The lowest was -14.00% per year. And the median was -1.30% per year.

Back to Basics: PB Ratio


Equity Commonwealth PB Ratio Historical Data

The historical data trend for Equity Commonwealth'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.

Equity Commonwealth Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
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Equity Commonwealth Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison

For the REIT - Office subindustry, Equity Commonwealth'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.


Equity Commonwealth PB Ratio Distribution

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

* The bar in red indicates where Equity Commonwealth's PB Ratio falls into.



Equity Commonwealth 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.

Equity Commonwealth's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=24.99/
=

* 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.


Equity Commonwealth  (NYSE:EQCPRECL.PFD) 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.


Equity Commonwealth PB Ratio Related Terms

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


Equity Commonwealth (Equity Commonwealth) Business Description

Traded in Other Exchanges
Address
Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606
Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.

Equity Commonwealth (Equity Commonwealth) Headlines

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Equity Commonwealth Announces Tax Treatment of 2022 Distributions

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Equity Commonwealth Sets 2022 Virtual Annual Meeting of Shareholders

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