Al-Aqar Healthcare REIT (XKLS:5116) PB Ratio : 1.02 (As of May. 02, 2024)

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What is Al-Aqar Healthcare 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 (2024-05-02), Al-Aqar Healthcare REIT's share price is RM1.30. Al-Aqar Healthcare REIT's Book Value per Share for the quarter that ended in Dec. 2023 was RM1.28. Hence, Al-Aqar Healthcare REIT's PB Ratio of today is 1.02.

Good Sign:

Al-Aqar Healthcare REIT stock PB Ratio (=1.02) is close to 1-year low of 0.96

The historical rank and industry rank for Al-Aqar Healthcare REIT's PB Ratio or its related term are showing as below:

XKLS:5116' s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 1.08 Max: 1.38
Current: 1.02

During the past 13 years, Al-Aqar Healthcare REIT's highest PB Ratio was 1.38. The lowest was 0.86. And the median was 1.08.

XKLS:5116's PB Ratio is ranked worse than
70.2% of 849 companies
in the REITs industry
Industry Median: 0.83 vs XKLS:5116: 1.02

During the past 12 months, Al-Aqar Healthcare REIT's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% 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 0.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Al-Aqar Healthcare REIT was 4.70% per year. The lowest was -0.90% per year. And the median was 1.50% per year.

Back to Basics: PB Ratio

Al-Aqar Healthcare REIT PB Ratio Historical Data

The historical data trend for Al-Aqar Healthcare 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.

Al-Aqar Healthcare REIT PB Ratio Chart

Al-Aqar Healthcare REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.01

1.02

0.90

0.95

0.97

Al-Aqar Healthcare REIT 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															0.95	1.15	0.99	0.98	0.97

Competitive Comparison of Al-Aqar Healthcare REIT's PB Ratio

For the REIT - Healthcare Facilities subindustry, Al-Aqar Healthcare 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.

Al-Aqar Healthcare REIT's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Al-Aqar Healthcare REIT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Al-Aqar Healthcare REIT's PB Ratio falls into.

Al-Aqar Healthcare 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.

Al-Aqar Healthcare REIT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.30	/	1.277
	=	1.02

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.

Al-Aqar Healthcare REIT (XKLS:5116) 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.

Al-Aqar Healthcare REIT PB Ratio Related Terms

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

Al-Aqar Healthcare REIT (XKLS:5116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al-Aqar Healthcare REIT (XKLS:5116) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1-19-02, Level 19, Block 1, V SQUARE, Jalan Utara, Petaling Jaya, SGR, MYS, 46200

Website

https://www.alaqar.com.my

Al-Aqar Healthcare REIT is engaged in investing in Syariah-compliant properties with the primary objective of providing unitholders with distribution and potential for the sustainable long-term growth of such distribution and capital appreciation. The company operates in Malaysia and Australia. The Malaysian geographic segment generates the maximum revenue for the company.

Al-Aqar Healthcare REIT (XKLS:5116) Headlines

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