TAG Immobilien AG (WBO:TEG) PB Ratio : 0.84 (As of May. 06, 2024)

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

What is TAG Immobilien AG 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), TAG Immobilien AG's share price is €13.76. TAG Immobilien AG's Book Value per Share for the quarter that ended in Dec. 2023 was €16.44. Hence, TAG Immobilien AG's PB Ratio of today is 0.84.

The historical rank and industry rank for TAG Immobilien AG's PB Ratio or its related term are showing as below:

WBO:TEG' s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 1.33 Max: 1.78
Current: 0.83

During the past 13 years, TAG Immobilien AG's highest PB Ratio was 1.78. The lowest was 0.29. And the median was 1.33.

WBO:TEG's PB Ratio is ranked worse than
50.89% of 1751 companies
in the Real Estate industry
Industry Median: 0.81 vs WBO:TEG: 0.83

During the past 12 months, TAG Immobilien AG's average Book Value Per Share Growth Rate was -9.80% 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 5.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TAG Immobilien AG was 19.00% per year. The lowest was -26.30% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio

TAG Immobilien AG PB Ratio Historical Data

The historical data trend for TAG Immobilien AG'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.

TAG Immobilien AG PB Ratio Chart

TAG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.39

1.45

1.18

0.33

0.80

TAG Immobilien AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.33	0.35	0.51	0.59	0.80

Competitive Comparison of TAG Immobilien AG's PB Ratio

For the Real Estate Services subindustry, TAG Immobilien AG'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.

TAG Immobilien AG's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Immobilien AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where TAG Immobilien AG's PB Ratio falls into.

TAG Immobilien AG 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.

TAG Immobilien AG's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	13.76	/	16.441
	=	0.84

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.

TAG Immobilien AG (WBO:TEG) 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.

TAG Immobilien AG PB Ratio Related Terms

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

TAG Immobilien AG (WBO:TEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (WBO:TEG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TAGOF:USA TEGd:UK 0JK4:UK TEG:Germany

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

TAG Immobilien AG (WBO:TEG) Headlines

No Headlines