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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Ingenia Communities Group Price-to-Tangible-Book Related Terms
Ingenia Communities Group Price-to-Tangible-Book Historical Data
* 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.
Ingenia Communities Group Price-to-Tangible-Book Chart
ASX:INA vs VMRK, EQR, ESS: Price-to-Tangible-Book Comparison
For the REIT - Residential subindustry, Ingenia Communities Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Ingenia Communities Group Price-to-Tangible-Book vs REITs Industry
For the REITs industry and Real Estate sector, Ingenia Communities Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ingenia Communities Group's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Ingenia Communities Group (ASX:INA) has a Price-to-Tangible-Book of 0.93 as of Sep. 12, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ingenia Communities Group and its competitors. According to the industry distribution chart, Ingenia Communities Group ranks #527 out of 900 companies in the REITs industry, placing it in the top 58.6%.
Is Ingenia Communities Group's Price-to-Tangible-Book too high?
Ingenia Communities Group's current Price-to-Tangible-Book is 0.93. The REITs industry median Price-to-Tangible-Book is 0.84. Ingenia Communities Group's value of 0.93 is 10.7% above this industry median. Based on the distribution chart, Ingenia Communities Group ranks #527 out of 900 companies in the REITs industry, which is below the industry midpoint. Overall, Ingenia Communities Group has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ingenia Communities Group's Price-to-Tangible-Book compare to VMRK and EQR?
According to the REITs industry distribution chart, Ingenia Communities Group ranks #527 out of 900 companies for Price-to-Tangible-Book. This places Ingenia Communities Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 0.84. Ingenia Communities Group's value of 0.93 is 10.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a REITs company?
The median Price-to-Tangible-Book among REITs companies is 0.84, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingenia Communities Group's current Price-to-Tangible-Book of 0.93 is 10.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Ingenia Communities Group and its competitors. For the REITs industry, the median Price-to-Tangible-Book is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingenia Communities Group's current Price-to-Tangible-Book is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingenia Communities Group stock overvalued right now?
Based on GuruFocus' analysis, Ingenia Communities Group (ASX:INA) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.95, compared to a current price of A$3.97 — trading 33.3% below its estimated fair value. The current Price-to-Tangible-Book is 0.93 and 10.7% above the REITs industry median of 0.84. Ingenia Communities Group's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Ingenia Communities Group (ASX:INA), the current Price-to-Tangible-Book is 0.93 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ingenia Communities Group (ASX:INA) Overvalued in 2026?
Based on GuruFocus' analysis, Ingenia Communities Group stock appears to be undervalued.
The current stock price of A$3.97 is trading 33.3% below its estimated GF Value™ of A$5.95.
GuruFocus considers Ingenia Communities Group to be Possible Value Trap.
Key valuation signals for ASX:INA:
Price-to-Tangible-Book: 0.93
GF Value™: A$5.95 vs. price of A$3.97 (33.3% below fair value)
Industry Position: 10.7% above the REITs median (#527 of 900)
No single metric tells the full story. See the ASX:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ingenia Communities is an Australian real estate investment trust with a property portfolio capitalizing on tourism, retirement, and low-cost housing needs. The largest and fastest growing source of income is the firm's land-lease communities targeted at the over-55s. This business constructs and sells the houses and collects rental income from the land. Additional rental and fee income are generated from housing communities and holiday parks. Its assets are situated in Australia's eastern states, with a focus on coastal and outer metropolitan regions.
86GF Score
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