LaSalle Hotel Properties (LaSalle Hotel Properties) PB Ratio : (As of Apr. 26, 2024)

View and export this data going back to 2013. Start your Free Trial

What is LaSalle Hotel Properties 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 (2024-04-26), LaSalle Hotel Properties's share price is $23.10. LaSalle Hotel Properties's Book Value per Share for the quarter that ended in Sep. 2018 was $0.00. Hence, LaSalle Hotel Properties's PB Ratio of today is .

Good Sign:

LaSalle Hotel Properties stock PB Ratio (=1.56) is close to 1-year low of 1.54

The historical rank and industry rank for LaSalle Hotel Properties's PB Ratio or its related term are showing as below:

LHOpI.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 1.28 Max: 1.99
Current: 1.56

During the past 13 years, LaSalle Hotel Properties's highest PB Ratio was 1.99. The lowest was 0.16. And the median was 1.28.

LHOpI.PFD's PB Ratio is not ranked
in the REITs industry.
Industry Median: 0.83 vs LHOpI.PFD: 1.56

During the past 12 months, LaSalle Hotel Properties's average Book Value Per Share Growth Rate was -6.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LaSalle Hotel Properties was 16.90% per year. The lowest was -10.70% per year. And the median was 1.70% per year.

Back to Basics: PB Ratio

LaSalle Hotel Properties PB Ratio Historical Data

The historical data trend for LaSalle Hotel Properties'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.

LaSalle Hotel Properties PB Ratio Chart

LaSalle Hotel Properties Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

PB Ratio

Get a 7-Day Free Trial

LaSalle Hotel Properties Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of LaSalle Hotel Properties's PB Ratio

For the REIT - Hotel & Motel subindustry, LaSalle Hotel Properties'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.

LaSalle Hotel Properties's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where LaSalle Hotel Properties's PB Ratio falls into.

LaSalle Hotel Properties 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.

LaSalle Hotel Properties's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2018)
	=	23.10	/
	=

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.

LaSalle Hotel Properties (NYSE:LHOpI.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.

LaSalle Hotel Properties PB Ratio Related Terms

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

LaSalle Hotel Properties (LaSalle Hotel Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » LaSalle Hotel Properties (NYSE:LHOpI.PFD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.lasallehotels.com

LaSalle Hotel Properties is a real estate investment trust that primarily buys, owns, redevelops, and leases upscale and luxury full-service hotels. These hotels are located in convention, resort, and major urban business markets in certain states across the United States. The primary urban markets include Boston, Chicago, Los Angeles, New York, San Diego, San Francisco, Seattle, and Washington, DC. The company's assets are held by and managed through LaSalle Hotel Operating Partnership, L.P. The firm is the sole general partner of the operating partnership. The company derives its income from its hotel operating revenue, its only segment.