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AEON REIT Investment (TSE:3292) PB Ratio : 1.19 (As of May. 06, 2024)


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What is AEON REIT Investment 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 (2024-05-06), AEON REIT Investment's share price is 円138300.00. AEON REIT Investment's Book Value per Share for the quarter that ended in Jul. 2023 was 円116,477.73. Hence, AEON REIT Investment's PB Ratio of today is 1.19.

Good Sign:

AEON REIT Investment Corp stock PB Ratio (=1.19) is close to 3-year low of 1.12

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

TSE:3292' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.24   Max: 1.71
Current: 1.19

During the past 10 years, AEON REIT Investment's highest PB Ratio was 1.71. The lowest was 0.62. And the median was 1.24.

TSE:3292's PB Ratio is ranked worse than
78.3% of 848 companies
in the REITs industry
Industry Median: 0.84 vs TSE:3292: 1.19

During the past 12 months, AEON REIT Investment's average Book Value Per Share Growth Rate was 0.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.00% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of AEON REIT Investment was 2.40% per year. The lowest was 0.40% per year. And the median was 1.10% per year.

Back to Basics: PB Ratio


AEON REIT Investment PB Ratio Historical Data

The historical data trend for AEON REIT Investment'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.

AEON REIT Investment PB Ratio Chart

AEON REIT Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.92 1.42 1.35 1.29

AEON REIT Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.26 1.35 1.24 1.29 -

Competitive Comparison of AEON REIT Investment's PB Ratio

For the REIT - Retail subindustry, AEON REIT Investment'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.


AEON REIT Investment's PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where AEON REIT Investment's PB Ratio falls into.



AEON REIT Investment 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.

AEON REIT Investment's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2023)
=138300.00/116477.728
=1.19

* 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.


AEON REIT Investment  (TSE:3292) 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.


AEON REIT Investment PB Ratio Related Terms

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


AEON REIT Investment (TSE:3292) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1, Nishiki-cho Kanda, Chiyoda-ku, Tokyo, JPN, 101-0054
AEON REIT Investment Corp is engaged in the real estate leasing business. The company aims to ensure a stable income and achieve steady portfolio growth over the medium-to-long term by investing in retail and securitized real estate products. The company invests in properties located in various regions throughout Japan including Kinki, Chugoku, Kyushu and Okinawa, Tokai and Hokuriku, Shikoku, Hokkaido and Tohoku, Kanto and Koushinetsu regions. Its investment areas are also located in overseas regions.

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