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Digital Core REIT (SGX:DCRU) PB Ratio : 0.86 (As of Apr. 26, 2024)


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What is Digital Core 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 (2024-04-26), Digital Core REIT's share price is $0.605. Digital Core REIT's Book Value per Share for the quarter that ended in Dec. 2023 was $0.70. Hence, Digital Core REIT's PB Ratio of today is 0.86.

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

SGX:DCRU' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.78   Max: 1.4
Current: 0.86

During the past 5 years, Digital Core REIT's highest PB Ratio was 1.40. The lowest was 0.49. And the median was 0.78.

SGX:DCRU's PB Ratio is ranked worse than
52.23% of 852 companies
in the REITs industry
Industry Median: 0.83 vs SGX:DCRU: 0.86

During the past 12 months, Digital Core REIT's average Book Value Per Share Growth Rate was -15.00% per year.

Back to Basics: PB Ratio


Digital Core REIT PB Ratio Historical Data

The historical data trend for Digital Core 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.

Digital Core REIT PB Ratio Chart

Digital Core REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec22 Dec23
PB Ratio
- - - 0.67 0.92

Digital Core REIT Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only - 0.88 0.67 0.57 0.92

Competitive Comparison of Digital Core REIT's PB Ratio

For the REIT - Specialty subindustry, Digital Core 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.


Digital Core REIT's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Digital Core REIT's PB Ratio falls into.



Digital Core 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.

Digital Core REIT's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.605/0.703
=0.86

* 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.


Digital Core REIT  (SGX:DCRU) 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.


Digital Core REIT PB Ratio Related Terms

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Digital Core REIT (SGX:DCRU) Business Description

Traded in Other Exchanges
Address
10 Collyer Quay, No. 42-06 Ocean Financial Centre, Singapore, SGP, 049315
Digital Core REIT is an S-REIT established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilized income-producing real estate assets located globally which are majorly used for data centre purposes, as well as assets necessary to support the digital economy. The company's geographical presence in North America (U.S. and Canada) and Germany. Company earns majority of its revenue from North America segment.

Digital Core REIT (SGX:DCRU) Headlines

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